Tuesday, 12 August 2014

1pm update - still waiting

US equities remain seeing minor weak chop,  sp -4pts @ 1934. Despite the weakness, VIX is already close to turning red. Metals are holding moderate gains, Gold +$5.



Price structure is a bull flag... we're still set to proceed higher.

VIX is due to close red.

*I will certainly be content to hold long overnight... seeking next exit in the 1950/55 zone.