Thursday, 17 July 2014

Closing Brief

US equities closed significantly lower, sp -23pts @ 1958. The two leaders - Trans/R2K, settled lower by -1.4% and -1.5% respectively. Most notable, the VIX gained a powerful 35% to the 14.80s (intra high 15.38). Metals built gains, Gold +$19.




..well, today started quiet.. but it became the most dynamic price action we've seen in a fair while, not least in the VIX, which swung from the 10s.. to the 15s.

*I will be seeking (unless style of price action changes) pick up an index long tomorrow morning... very likely the R2K.

the usual updates across the evening.

more later.. on the VIX