by Richard

The FTSE did try to get back into its NZ managing to get as high as 7453.74, but ultimately failing.

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by Richard

No change in the SPX’s NZ today although tomorrow perhaps Thursday and we should see it at 2445-2455. This delay

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by Richard

We said yesterday in the FTSE that the open would be crucial and it did try, which resulted in the

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by Richard

  For the record the SPX’s NZ in July was 2445-2455 at the end and the settlement was 2465.65 so

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by Richard

  Welcome to the FTSE August expiry and back to the more normal four week format, this does tend to

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by Richard

Of course we would have liked to see the SPX inside its zone for the rollover and failing that for

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by Richard

As we said there is now no need for the FTSE to stay inside the zone, and it hasn’t, right

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by Richard

  The SPX is chasing the retreating R ratio which is acting as if it is mid expiry rather than

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by Richard

  The FTSE managed it so recognition where it is due as it could not have been that easy, although

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by Richard

  Surprisingly no further change in the NZ today although the ratios continue to tumble above the current zone. At

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