2pm update - tricksy market

The hourly index charts are now offering a moderate rollover into the close/early Tuesday. Yet, the market is still in a broad 'melt mode'..and there is mid-size QE of $3bn tomorrow. Bears shorting this nonsense, better have tight short-stops.


sp'60min

Summary

First downside target would be the lower bollinger, currently around 1682...a mere 0.6% away.
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Personally, no way will I be getting involved in this minor mess.

The entire week looks to be 'generally' bullish, not least with the weekly charts still pushing upward.
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Oil is weak...

WTIC in the $110s still looks a given though..no later than early next week.