Tuesday, 31 March 2015

2pm update - continued chop

US equities remain in minor chop mode, around sp'2080. VIX remains subdued, +1% in the 14.60s. Gold is increasingly weak, -$3, whilst Oil is holding moderate declines of -0.7%. Broadly... it remains a relatively dull end to Q1.



With two trading hours left of Q1.. it remains dull.

*I see a few are still open to much lower levels.. even into the mid sp'1900s.. but that is completely off the agenda unless we break under 2060. Right now.. I can't see that.

Notable weakness: coal miners , BTU -7.7% in the $4s.

The horror continues.