Friday 19 September 2014

2pm update - sunset on a bullish week

US equities appear to have floored at sp'2006, with a VIX of 12.61. With the USD continuing to build gains, +0.5% @ 84.75. the metals are battered, Gold -$10, with Silver down a severe -3.7%.


Another week of sunshine for the bull maniacs

sp'15min


Summary

*I remain long from sp'2011... certainly, didn't catch the low, but it'll suffice, with a target of the 2030s.. very viable next week.
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Looks like a pretty standard retrace... the 2020s look a very reasonable target in the next up wave... on Monday.

So...two hours to go..and frankly...I'm tired.
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2.01pm.. .. only just noticed the R2K, -1.3%... hmm, not sure what to make of that, other than the usual 'laggard'.