Friday 9 October 2015

12pm update - chop chop

US equities are in minor chop mode, and regardless of the exact close..  all US indexes are set for powerful net weekly gains. VIX is set for a net weekly decline of around 15%. Gold is battling to build on opening sig' gains, +$18... although Silver is lagging a little, +1.0%.


sp'60min



VIX'60min



Summary

*an opening reversal candle in the VIX...  and now its a case of whether the flash-print low of 16.34 is taken out next week. Probably.
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Not much to add.. on what is turning out to be an increasingly difficult day.

Are YOU tired of this too?

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VIX update from Mr T.




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time for some sun