sp'60min
Summary
*far from any weakness into the close, the last hour of the day saw further strength, with a gap fill at sp'2125/26.
-
The late afternoon news about a likely bidder for Broadcom (BRCM) certainly helped prevent any late day weakness, with the tech' sector - esp' semi-con' stocks seeing an extra kick upward.
BRCM, 5min
-
I am holding to a downside target zone of sp'2080/75, although clearly, that now looks a long way down, and would certainly take the better part of two days to reach.
--
more later... on the VIX