Wednesday, 5 November 2014

10am update - opening reversal?

US equities open higher, with a new historic high on the Dow (17481). However the sp'500 is stuck around the recent high of 2024. Trans/R2K are set to turn red... along with VIX to turn positive. Metals are smashed.. Gold -$23, with Silver -3.9%


sp'60min


Summary

So.. another day begins.. and we do have another new high in the mighty Dow.
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Interestingly though.. we do have a lot of black candles on some of the individual stocks out there.. suggestive market is actually going to sell lower from here.

yours..
  in full battle suit


10.36am... VIX set to turn positive, Nasdaq already red...

Interesting morning so far.
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*miners bouncing..... GDX set to turn positive.... if briefly.