Friday, 23 October 2015

12pm update - minor cooling

The sp'500 has cooled from an early high of 2077 to 2063. Currently... that still makes for a very sig' net weekly gain of 33pts (1.6%). USD is building gains, +0.6% in the DXY 97s. Metals remain under natural pressure, Gold -$4, whilst Oil -2.1%




Little to add.

On no basis can anyone have the audacity to start getting overly excited that we've seen a cycle top.

It is SAME people who were bearish within the 1900/1950 zone.. and they are STILL at it.

VIX update from Mr T.

time for tea