Tuesday 8 September 2015

12pm update - baby bull flag

US equities continue to see a little chop - from an early high of sp'1960, but leaning on the downside. An afternoon floor in the 1945/40 zone would be natura - completeing a baby bull flag, before resuming higher into the close. Daily MACD cycles are turning positive across the main US indexes.


sp'15min



sp'daily5


Summary

Little to add.

Best guess... continued cooling to the sp'1945/40 zone... by the 2pm hour.

From there... UP.
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VIX update from Mr T.



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I've eyes on DIS... seeking a long in the mid/low $102s.