3pm update - closing hour of...tedium

The market is holding onto 80/85% of the gains, and there is no reason to expect any late day selling. Quite the contrary in fact, we could yet close at the highs of the day, and if the algo-bots want to really upset those bears re-shorting earlier today..they'll make a charge for sp'1460s


sp'60min

vix'60min

Summary

There is plenty of interesting action going on in individual stocks, not least the coal sector which remains in a bit of a mess.

On any basis, the more conservative doomer bears will leave this market alone across the weekend, and at least wait..into the middle of next week.
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UPDATE 3.25pm...looks like the bots are making a play for the 1460s.

Watching the Cramer earlier in hyper-pump mode...quite laughable...and quite possible a nice contra-indicator, at least after this weekend.

back after the close.