Thursday, 30 April 2015

12pm update - battling upward

US equities have seen a natural turn around 11am, with the sp' already having swung from the 50dma of 2090 to 2102. A daily/monthly close in the 2110s remains very viable... along with what remains a subdued VIX in the 13s. Metals remain weak, Gold -$23. Oil is building moderate gains of 0.8%.




*I continue to have eyes on FXE.. having battle beyond where I was looking.. finally, it might be in cooling mode... into early May.

Not much to add... on what is likely just another day of moderate weakness.... only to conclude with latter day strength.

notable weakness: miners, GDX -2.7%.. as the metals end the month.. net lower.

VIX update from Mr T.

time for lunch