3pm update - the closing hour of 2014

Regardless of the exact close, it has been another year for the bull maniacs. There have been some very notable geo-political issues.. but none of them have been enough to do sustainable damage to the broader upward trend from Oct'2011. Now the real question is... .what about next year?


sp'60min

VIX'60min

Summary

... suffice to say.... an hour left.

The action in the VIX is surprising.. although we're now at the top of a gap zone... is that it?

There is an equity gap at sp'2015, but I just can't see that being filled in the current down wave... not before sp'2130/50s.

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3.16pm... Market making a play to turn.. from sp'2065... along with VIX 19.30s... a very viable floor is in... 

3.42pm  chop chop.... sp'2066... VIX 19s....  well, at least its not a boring end to the year.


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back at the close... to wrap up the day... and indeed...the entire trading year.