Wednesday 31 December 2014

Closing Brief

The trading year comes to a close, with equities settling New years eve with somewhat significant declines, sp -21pts @ 2058. The two leaders - Trans/R2K, settled lower by -0.6% and -0.7% respectively. Near term outlook is for renewed upside to the sp'2130/50 zone... with VIX cooling back to the 12/11s.


sp'60min


Summary

...and another year comes to a close.

Not all have made it through this year. Some blogs/sites have closed... a fair few traders (not least those of the bearish persuasion) have walked away in disgust... but I remain...as do .... YOU.

Congrats to all those who made it through another year in the world's most twisted and rigged casino.

No doubt.. 2015 will be even more crazy...


Sincerely... best wishes for 2015

PD
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Since it is year end.. a FULL set of updates to wrap up the day... and year.

more later... on the VIX at 6pm EST