Daily comments for Wednesday

By Teresa Appleton
24 June 2009 @ 10:01 am EDT

Tepid Tuesday brought very little in the way of range and movement. A very digestive day with neutral market breadth throughout the day helped to maintain the slow undecided tone. Following a trend day down and ahead of the FOMC meeting we were given about what was expected on the day. The TRIN closed at .62 and the VIX at 30.58 also a very narrow range. Gold closed up $3.70 at $924.70 and oil up $1.75 at $69.25 a barrel.

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