3pm update - churning back higher

It would appear sp'1456 was the days low, and we'll churn slowly higher into the close..and indeed, possibly for much of Tuesday. VIX is struggling to hold gains of 2%..and could easily close red for a fifth consecutive day. Metals remain weak, despite the $ going red.


sp'60min

vix'60min

Summary

Its not exactly the most exciting day.

The trading range is pretty narrow, and I certainly can't be meddling in this.
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Despite some very notable people still touting 'doom' in the near term, I'm going to remain seeking sp'1510/20 - February, unless we take out that 1398 low.
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*we do have Q4 earnings starting tomorrow afternoon though, with Alcoa (AA), so thats something for everyone to look ahead to.
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back after the close