Tuesday, 9 June 2015

2pm update - continued minor chop

US equities remain in minor chop mode, leaning on the bearish side, with the Transports still leading the way lower, -0.4%. USD remains weak, -0.1% in the DXY 95.10s. Metals remain somewhat mixed, Gold +$4, whilst Silver -0.2%. Oil is holding very sig' gains of 3.0%

Trans, daily



Again, its still pretty quiet out there today. Few want to buy.. with just a touch more on the sell side.

Broadly.. the market is still inclined to fall for another few days.
notable weakness, GDX -0.8%... despite somewhat higher gold prices.