Monday, 1 October 2012

3pm update - closing hour weakness

Hmm, its not an easy one to call, but considering the big spike on the daily candle so far, I'm inclined to further weakness in the closing hour.

The VIX remains up 2%, despite the rally.

sp'60min - H/S formation


Well, lets see if the bears can muster a sell off. A close <1445 would be a bonus.

More after the close.