Friday, 17 July 2015

2pm update - afternoon chop

US equity indexes remain mixed, with the Dow -68pts, whilst the Nasdaq comp' is holding moderate gains of 29pts @ 5192. The market looks to have a short term peak of sp'2128, with viable downside to the 2090/80 zone - along with VIX 15/16s, by the middle of next week.


sp'60min



VIX'60min


Summary

Little to add.

I'm still suspicious that at least some of the rats will sell into the weekend.. not least with it being OPEX, and after sig' net weekly gains.

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Ending the week, with a little sun in the city...


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stay tuned