1pm update - selling into the weekend?

Still three hours left of the trading month, and I hold to the original outlook that on balance, we'll see some of the bull manaics get twitchy...and sell into the weekend. After all, just who exactly wants to be buying long into next week?

It is notable that many of the daily index charts are now showing clear signs of levelling out, but it'll take until middle of next week to see a conclusive rollover.

*Boehner speaks...and none of his words are pleasing the algo-bots. Selling resumes.


sp'60min

dow'60min

Summary

I've highlighted two key levels on the above hourly charts.

Bears next week should be seeking breaks below sp'1385, and dow'12750 (approx).
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VIX is holding onto the moderate 6% gains.
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