11am update - daily 10MA resistance

Equities are still holding moderate gains. One particular level of resistance is the daily 10MA, currently @ sp'1866. Indeed, a daily close in the 1870s looks very difficult. Metals remain weak, Gold -$5, with Silver -1.1%, which is not helping the miners.


sp'daily5

Summary

It sure is a bit choppy, and the bulls are struggling.

I'd like to at least give the market a good 10/15mins after 2pm..for the FOMC press release to be churned through. I am in no hurry.
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Miners are weak...

GDX, daily

Will get ugly if metals roll over again...