Friday, 5 September 2014

Closing Brief

US equities saw something of a significant latter day recovery, climbing from sp'1990, settling +10pts @ 2007. The two leaders - Trans/R2K, settled higher by 0.6% and 0.3% respectively. Near term outlook is for the 2030/50 zone.



...well, its been a tough (if short) week...

Suffice to say...

broader upward target of 2030/50 by FOMC/opex week remains on track.

Have a good weekend

more later... on the VIX