Wednesday, 17 June 2015

Closing Brief

US equity indexes closed somewhat mixed, sp +4pts @ 2100 (intra low 2088). The two leaders - Trans/R2K, settled lower by -0.4% and -0.1% respectively. Near term outlook remains uncertain, whilst Greece remains on the edge of a weekend default.



*closing hour.. minor chop.

The second consecutive net daily gain for the sp'500, but with moderate weakness in the two market leaders.

Overall.. it is a bit of a mess. Until we're back over trend resistance of sp'2110 or so... there remains threat of renewed downside (if briefly).. purely due to increasing Greek concerns.

most notable aspect of the day... USD -0.8% in the DXY 94.20s.

more later.. on the VIX