Wednesday 19 September 2012

12pm update - tiresome

Its starting to real dull again, even more so than the previous two days. Considering the daily cycle, I do not expect new highs, although the dow is getting real close to taking out the Friday morning opening spike.


sp'60min






vix'60min


Summary

Dull. What else needs to be said?

VIX is merely decaying away to nothing again
--

There is a little chatter of 'busy trading' with Friday, since its a quad-opex, and there is re balancing of the Sp -and maybe other indexes too. As it is, its all dull.

First target remains 1450, but right now that sure ain't viable until late tomorrow

back at 3pm.