Friday 20 February 2015

11am update - minor weakness

Equities break lower to sp'2085, but have already clawed back to almost evens. VIX remains relatively subdued, still unable to re-take the 17s. Metals have turned red, Gold -$2. Oil is similarly weak, -0.6%


sp'60min


vix'60min


Summary

*yeah... I fell asleep... its been that tedious a market.
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Anyway... yes, it remains all small moves. There is simply no significant power on the downside... any drops are being negated very quickly.

It'd seem more likely than not, that we'll break into the 2110s... before we see the first significant net daily decline.
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Notable strength, momo stocks, TWTR +1.8%, TSLA +2.2%.