2pm update - broader micro chop

The broader US equity market remains seeing broader micro chop, but holding under the recent high of sp'2041. Metals are starting to slide, Gold -$7, which is impacting the miners, GDX -0.9%. The rising USD is not helping, +0.4%


sp'60min

Summary

Not much to add. Pretty tedious overall.... retail sales data on Friday, that is really the only scheduled thing this week.

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Meanwhile, miners are weak..

GDX, 60min

Kinda interesting... but still.. a long way to fall.

12pm update - meanwhile.. back on Earth

Whilst the Probe 'Philae' has successfully landed on the comet... back at the worlds most rigged and twisted casino... price action remains a touch weak. VIX has broken the giant down trend.. and looks set to begin a climb into the upper teens.


sp'60min

Summary

Not much to say. I suppose we could still claw to 2045/55 zone, but really, this market looks increasingly tired with each hour.

We're due a retrace... best guess right now... 1980/50 zone.

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Metals are starting to slide, Gold -$3.

Despite opening a little higher, we have a micro double top on the miners...

GDX, 60min

I remain seeking much lower levels...
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VIX update from Mr T.


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time for a long lunch... back at 2pm

11am update - awaiting touchdown

US equities remain moderately weak, sp -5pts @ 2034. Commodities look under extra pressure as the USD is trying to push higher, but really...the real action is far... far away. The Rosetta probe 'Philae' is due to touch down on a comet.


sp'daily5

Summary

Little to add....

back to the live show...

Twitter is actually serving a useful purpose today.. spreading the word...

see: cometlanding 
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11.08am.. TOUCHDOWN......


meanwhile... VIX +5%... a daily close in the 15s would offer something interesting...