2pm update - quiet end to the week

The main market remains content to trade sideways into the weekend. There are a few notable exceptions , the miners are doing really well, many are up around 5-7%, some +10%.

VIX is -6%, and confirms the near term fearless market.


sp'60min

sp'daily5

Summary

Sp'1445 remains the target for next week, I can't see a daily close 1450+, next week, even if Bernanke announced QE3.

I remain content to sit back, and wait for this current up cycle to rollover. That may be as soon as Wednesday. Will the Germans vote 'Nein' ?

More after the close.