Thursday 10 March 2016

2pm update - hey everyone

US equities remain moderately weak, with the sp -13pts @ 1975. VIX remains relatively subdued, +5% in the 19.20s. The most notable aspect remains the USD, -1.2% in the DXY 96.00s, having earlier been +1.3% in the 98.40s. Metals are really being helped by the dollar reversal, Gold +$21, with Silver +2.1%.


sp'60min



VIX'60min



Summary

It continues to be a pretty dynamic day.

There remains high threat that the price cluster zone of 1960/45 will be hit, before renewed upside.

Even if we're in the 1950s early tomorrow, that still offers a good 20 trading hours to claw back to the 1990/2020 zone by FOMC afternoon.

*It is notable that next Wed', the 200dma will be around 2017/16.

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In far more important news though........ we've a new trailer for Civil War



Hyper bullish Capt'... and by default... Disney (DIS)     :)