Wednesday 18 December 2013

12pm update - minor weakness

A minor down wave, with the sp' back in the 1770s. yet this remains all minor chop ahead of the announcement at 2pm. Metals are largely flat, and remain under old broken support. VIX is a touch red, with some dynamic price movement likely into the close.


sp'60min


Summary

The obvious sig' break would be <1772.

Anyway...another two hours of chop..before we find out.
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Notable weakness: AAPL, F, RIG, TSLA, TWTR
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VIX update from Mr T.



time for lunch :)


12.40pm...AAPL is sitting on channel support..obviously, how the market closes today will determine if this is the start of something major. more on that later.