Wednesday, 17 June 2015

1pm update - a touch of weakness

Equities have turned a little lower ahead of the FOMC, and in some ways, this is ironically bad for the bears. The bigger daily cycle is offering a clear fail at the 50dma, but for now.. its getting increasingly messy. USD is similarly choppy, -0.1% @ DXY 94.90s.




*I'm getting increasingly tired of things today...  I'll stick around, but I ain't much in the mood for hitting any buy/sell buttons.

notable weakness: TWTR -1.6%... daily/weekly cycles look lousy for rest of the summer.

...back just before the 2pm announcement.