Friday 10 February 2017

Another set of new historic highs

US equity indexes closed broadly higher, sp +13pts at 2307. The two leaders - Trans/R2K, settled higher by 0.9% and 1.4% respectively. VIX settled -5.0% at 10.88. Near term outlook offers a weekly close in the 2305/15 zone, with the 2340/50 zone viable in early March.




It was a rather bullish day, with a trio of new historic index highs for the sp, dow, and nasdaq comp'

VIX is naturally subdued, and a weekly close in the 9s is now viable.

Goodnight from London