Wednesday 12 July 2017

Open day - July 13th

US equity indexes closed broadly higher, sp +17pts at 2443 (intra high 2445). The two leaders - Trans/R2K, settled higher by 1.2% and 0.8% respectively. VIX settled -5.4% at 10.30. Near term outlook is very borderline, bullish >2444, bearish <2412.


sp'daily5



VIX'daily3



Summary

US equities opened moderately higher, and pushed to a closing hour high of sp'2445.76. The Dow and Transports both broke marginal new historic highs. There was a touch of cooling into the close, which has often been the case lately.

Market volatility remains subdued, although the VIX did notably still hold the 10.00 threshold today.
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Here in the city...


... and that was a major improvement on yesterday's horror.
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Open day

Thursday will be a little different. I'll be posting ALL my posts on this page. Its been over a year since I took my intraday posting to a subscription basis, and I've decided that I will probably schedule an open day once every month or so.

As ever, extra charts in AH @ https://twitter.com/permabear_uk

The next post on this page will be Thursday, 8.30am EST.

Goodnight from London
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