Thursday 10 September 2015

2pm update - battling upward

US equities are showing some upside power, with a break into the sp'1960s. Next target is the Tues' high of 1988, and more importantly... the 1993 high. After that.. 2000/2010 zone. Whether the market can spike to 2050/70 on the FOMC... difficult to say.


sp'60min



VIX'60min


Summary

Little to add.

Market is back to 'grind the bears into the FOMC' mode.

I can't be short this.   .. and indeed, I remain long DIS and USO... will hold overnight.

back at 3pm