Friday, 24 October 2014

1pm update - minor down wave

Equities have broken a new cycle high of sp'1962, with VIX hitting a low of 16.09. A minor down wave into the weekend looks likely, with a daily close somewhere in the 1955/45 zone.. along with VIX 17s.



It remains choppy, which frankly.. is probably a good thing... not least for the bears.

Notable weakness, AMZN -8.1% in the $287s

yours... awaiting Wednesday afternoon.