3pm update - the weakness returneth

As expected we're starting to see a little weakness this afternoon. The VIX is however not yet showing any sign of a late day ramp though.


sp'60min

Summary

Despite the weakness, and concerns over the weekend ahead, I can't see any chance of breaking under the bull flag. This is just minor chop in the scheme of things.

Bulls should be okay for sp'1350/60 sometime next week.

More after the close
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Update 3.07pm

Did the Bernanke just hit the big 'BUY 1000 ES mini contracts' button on his desk?
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update ' seems Reuters starting a rumour that 'central banks will do things to improve liquidity AFTER the Greek election'.
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update - look at this lunacy!