Wednesday, 10 September 2014

12pm update - minor bounce

Equities see a minor bounce from sp'1982 to 1990. Considering recent price action, there looks to be high probability of another minor wave lower to 1972/00.. where the key 50 day MA is lurking - along with other aspects of support.



*notable weakness in Gold, -$7.... with Oil -1.3%

...a difficult day for yours truly.... but when isn't it?

VIX update from Mr P.