10am update - morning weakness

Good morning. Today should at least bit a little more dynamic in terms of price action. Perhaps we might even fall 0.5%..at some point. Ohh..the drama! Dollar is a touch weaker, along with the metals...with VIX 1-2% higher. Overall though, its still kinda muted action.


sp'daily5

vix'daily3

Summary

It feels like we're stuck..but really...nothing has changed. There is no reason to believe the rally is ending.

With his highness due to speak later anyway, would they ever let this market stay red for more than 30 minutes?

*stopped out of my SLV short position in the opening 20mins. Might go back in later...not sure yet. 
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