Wednesday, 24 December 2014

12pm update - closing hour present wrapping

US equity indexes continued to hold moderate gains, with marginal new historic highs in the Dow and sp'500. VIX is naturally still melting lower, -4% in the low 14s, the 12/11s look due by year end. Oil remains weak, -2.4%. Metals are seeing minor chop, Gold +$1.. which is helping the miners  bounce, GDX +2.7%



It is notable that the hourly MACD (blue bar histogram) cycle has already fully reset.. whilst actual prices are at historic highs.

Another push into the 2090s looks due this Friday.. with sp'2100s next week.

Notable strength: BAC +0.8% @ $18.08.

back at the close.. to wrap up the day