Wednesday 18 February 2015

10am update - minor weakness

Equities are a little lower, but much like yesterday, it won't much for the market to break new highs into the afternoon. Metals remain broadly weak, Gold -$1, set to lose the $1200 threshold.. and eventually the $1130 November low.


sp60min


Summary

Little to add.

I think its a case of lets see what the algo-bots make of the FOMC mins at 2pm
-

VIX is higher for a second day, but until its above the mid 17s, its all minor noise.