Monday, 23 November 2015

12pm update - holding minor gains

US equity indexes remain slightly positive, with an intra high of sp'2095. VIX is subdued in the 15s. Metals remain broadly weak, Gold -$8, with Silver -0.5%. Oil has built sig' gains of 1.5% in the $42s.


GLD, daily


Little to add.

There remains threat of a retrace.. but from where might it come from ? There really isn't any data until Wednesday... and by then many traders will already be leaving for a long weekend.

The sp'2100s are coming... along with new historic highs.. before year end.
notable weakness, AAPL, -0.9%... cooling after hitting upper gap zone resistance of the $120s

VIX update from Mr T.

time for tea...