by Richard

  Pragmatism seems to have set in on the SPX as with equities going a bit tax mad the derivatives

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by Richard

  It was certainly a better effort in the FTSE as it took on R1 again and if one knew

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by Richard

  If one is a bull then you couldn’t paint a better picture in the SPX, although this is truly

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by Richard

      We think it would be fair to say in the SPX the start of the Jan expiry

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by Richard

      It was a very aggressive end to the Dec expiry in the FTSE although this is far

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by Richard

This is the risk you take when, as in the FTSE, it takes for granted the NZ will move, acts

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by Richard

    Same again today in the SPX, as R3 has slipped to 2680 so now 2675 replaces the role

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by Richard

  The FTSE acted all day as if 7500 was the epicentre of the NZ, trading the entire day within

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by Richard

  2665 in the SPX did play a significant role yesterday but in the end it did take R3 at

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by Richard

  It is the strangest thing as the market in the FTSE is doing everything according to our forecast back

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