1pm update - its anyones guess, for todays close

Three hours left of the trading month, and frankly, its impossible to even vaguely guess whether we'll close in the sp'1600s...or in the 1580s. The only real weakness still out there is in the metals/oil market. VIX is still unable to hold the 14s.


sp'60min

Summary

Baring some truly bizarre late day sell off, something we've not seen in a few weeks, April will close net higher, making the sixth consecutive monthly gain.

All is well in market land, but then...its probably just the POMO.

--
VIX update..from Mr T



So, someone out there is buying front month VIX calls, hmm.

--
The April'11th high of 1597.35...about to get taken out.