VIX is starting to slip away a bit, which is a little concerning.
sp'60min
vix'60min
Summary
Despite the current gains, I'm looking for closing hour weakness, although the stronger indexes - Dow, and Rus'2000, could still close green.
Bears should seek a flat close for the Sp', with VIX preferably no lower than 19.
Regardless, I will hold short into Thursday. I'm trying to keep the bigger picture in mind, seeking sp'1325, preferably 1310 at the next exit.
--
*we have key econ-data both tomorrow and Friday, little of which will be good for the bulls.
UPDATE 2.30pm
sp'15min - double top, ready to rollover?
