Tuesday, 29 December 2015

3pm update - significant gains

US equity indexes have built sig' gains, with the sp +22pts @ 2079.. the highest level since Dec' 9th. Next resistance is around 2090.. and that will likely restrain the market until next week/year. VIX is naturally subdued, -4% in the low 16s. The 14/13s look due by the Thursday close.


USO' daily2


*oil is certainly helping the market.. as it is just below next resistance. The $40 threshold looks due for WTIC within the next week or two... and that should be enough to kick the sp'500 to 2110/20s.

Little to add...

I'm tired........... back at the close