Wednesday, 25 July 2012

1pm update - next stop 1325, then 1310

Mr Market seems content to largely churn today. Whilst the indexes are mixed and prices go sideways, the hourly cycles are resetting themselves.

VIX is moderately lower, but is still holding up reasonably okay.




Bears should be okay to hold into tomorrow, my target remains 1325, and then 1310...for the Friday close.