Wednesday 31 December 2014

12pm update - holiday chop

US equities remain in minor holiday chop mode, sp +2pts @ 2082. Metals continue to unravel into year end, Gold -$12, with Silver -3.2%. Oil remains very weak, -1.0%. VIX is notably higher for the third day, as traders look to the next minor retrace sometime in Jan/Feb.


sp'60min


Summary

Little to add... on what is a naturally quiet day of  holiday chop.

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VIX update from Mr T.


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time for lunch... back at 2pm