Monday 12 October 2015

3pm update - another hour of mostly nothing

US equities are set to close with further nano scale price chop... with most indexes set to close broadly flat. VIX is naturally continuing to cool, -3% in the mid 16s... and it will make for the tenth consecutive net daily decline. Gold is holding moderate gains of $4, whilst Oil is at the lows, -4.7% in the $47s.


sp'60min



USO'60min


Summary

Very quiet start to the week, it can only get more lively from here, right?

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*I will consider picking up a long-USO position tomorrow morning.

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back at the close