11am update - awaiting clearer direction

Mr Market is holding onto moderate gains. So long as no EU minister speaks today, the market should close in the 1560s..and that will keep the door open to the 1570s within a few days. Perhaps we're looking at a peak early next week? VIX is trying to rally, but its still -4%


sp'60min

Summary

Suffice to say, we sure ain't down this morning.

Doesn't seem any point in meddling on the index-short side until after the long weekend.
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Oil sure remains a tempting short at these levels for a day trade, but I'm keeping it simple, and will just watch it.

I've still to drop my somewhat frustrating SLV (long) trade, but that looks okay.