Monday 2 June 2014

3pm update - sleepy afternoon

Market continues to see very minor chop, with broader underlying strength seen in the Dow/SP/Trans, whilst there is moderate weakness in the R2K/Nasdaq - much the same index split since March. Metals remain weak, Gold -$7... a lousy start to the month.


sp'daily5


Summary

There really isn't anything to add.

I realise most are already switching off their screens before the close..and I don't blame them.
-

VIX looks set to close 2-3% higher, but still. that remains a VIX in the 11s.


3.53pm... new highs into the close....for the bears.....urghh...

back at the close.