12pm update - market trying to break over the gap

The market is looking good for gains into late afternoon, and probably also early Thursday. The 1660s - where the 20 day MA is lurking, look set to be tested. Metals remain very weak, whilst Oil is also lower by around 0.9%


sp'60min

vix'60min

Summary

Things remain on schedule.

Bears...should be in no hurry to short this..at least until Thursday 10/11am.

Target remains ..1660s..with VIX low 15s.


VIX update..from Mr S



Hmm