Wednesday, 8 July 2015

1pm update - really, then why are you people here?

US equities remain significantly weak, sp -28pts @ 2053. However, with the NYSE currently out of service, trading vol' has naturally fallen to near zero. The issue now is whether the NYSE will be back up before the close.. if not.. it would be a real problem for some traders.


sp'60min



Summary

Little to add.

Just another crazy day in market land.

Regardless of the current technical drama, from a pure cyclical perspective... market is still set to battle broadly upward into August.

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INTC, 60min


A few floor spikes.. are a good sign.
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As for the broken market... was it Bane?



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back at 2pm