The hourly index charts are all showing the same thing..a rollover, but its a slow one, and the formation could easily be a micro bull flag, within what remains a near term up trend. Bears will need to break <sp'1415 to break the up trend. Considering its only 3pts away, and the upside momentum us being lost..there is a chance of a weak closing hour.
sp'60min
vix'60min
Summary
Overall though, tt remains....dull.
VIX is due to go positive MACD (hourly) cycle in about 2-3 trading hours, so..any minor drama will not be until early tomorrow.
UPDATE 2.25pm, Note the 50 MA @ 1416. A close under that would be...useful.
