ANÁLISIS TÉCNICO: cae la volatilidad (CITI)

Redacción - Viernes, 27 de Mayo

• 
• 
• 
• 
• • 
  • 
  • 

Y un nuevo descenso de la volatilidad VIX hasta un mínimo de 13.43 %. 

 

El EUR en niveles de 1.119 USD.

Sin cambios en el rango reciente de 1.116/ 1.127 USD.

 

El S&P en niveles de 2090 puntos.

Dentro del rango de 1848/2120 puntos

Weekly Roundup: Oil: One step backwards before two steps forward?

Tom Fitzpatrick 1-212-723-1344 thomas.fitzpatrick@citi.com

Shyam Devani 65-6657-2964 shyam.devani@citi.com

Dan Tobon 44-20-7986-3453 daniel.tobon@citi.com

Gregory Marks 1-212-723-7057 gregory.marks@citi.com

For recent commentary or to access archived publications, visit the CitiFX Technicals website

Chart of the Week– Oil: One step backwards before two steps forward? 

–    One step backwards and two steps forward: We continue to expect higher levels on Crude Oil (WTI) as we head through 2016.

–    However, right now the trend seems a little “too far too fast”. We would not be surprised to see a near term correction that subsequently gives way to renewed topside gains and new highs in the trend, both in Oil and the general commodity complex. (CCI Index)

–    Base metals basing: In the industrial metal space this dynamic also seems true for Copper.

–    “Goldilocks and the 3 bears” We suspect that our “building blocks” if correct may be “terminal” for the Gold bulls.

Foreign Exchange – King Dollar “reigns” again

–    The recent USD-Index correction looks to have run its course opening up the way for renewed USD gains in the weeks ahead.

–    This move should be most prevalent against the NIRF’s (Negative Interest Rate Funders: EUR, JPY, CHF and SEK) in the medium term, but likely broad based near term.

 

 

José Luis Martínez Campuzano

Estratega de Citi en España

[Volver]