Thursday 11 September 2014

12pm update - tedious chop

US equities continue to see very minor weak chop. Overall price structure is still suggestive of the low sp'1970s, with VIX 15s. Metals are very weak, Gold -$12, with Silver -2.0%. Oil is flat, but nat gas is lower by a very significant -3.2%


sp'60min


Summary

It remains a pretty frustrating day of minor chop.

All things considered, the low sp'1970s STILL look likely..before we break back into the 2000s.

--
time to cook