2pm update - afternoon chop

Not much going on after the morning action. Most significant remains the strength in the USD. VIX remains weak, -3%. A spike lower into the 11s is viable at any point, and does seem quite likely if the market can hold these levels into the middle of next week.


sp'daily3

SLV'15min

Summary

Not much to say, its just the usual case of seeing how much the algo-bots can melt it higher, maybe a few points. Sp'1550s is viable.
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*I'll be real tempted to re-long SLV, if <27.90. Real chance of a major gap higher on Monday. 29s remain my 'reasonable' target.
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back at 3pm...I guess.