Tuesday, 12 April 2016

2pm update - redemption at the roulette table

US equities remain moderately higher, sp +15pts @ 2057, with VIX -5% in the 15.30s. Much like yesterday, it remains a very borderline situation. Equity bears should be desperate for a daily close back in the 2040s.. along with VIX 16s.


sp'60min



VIX'60min


Summary

*a marginal break of rising trend in the VIX.
--

Little to add.

With two hours left of the day, are we going to get latter day weakness once again?


yours...
'I'm going to try to find moral redemption at the roulette table'
back at 3pm