Friday 14 August 2015

3pm update - chop into the weekend

US equities remain holding moderate gains, sp +5pts @ 2088, with VIX -1.8% in the 13.20s. As things are, the bull maniacs are set for a minor net weekly gain. With the USD +0.1% in the DXY 96.50s, metals and oil remain a little weak.


sp'60min


sp'weekly1b


Summary

Little to add.

A very subdued end to what was a pretty dynamic week.

In many ways.. EVERYONE is getting the opportunity to reposition. There can be no whining or excuses next Monday.. if the market is breaking >2100.. or on the way to new cycle lows.
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back at the close.