12pm update - slow motion melt

The main indexes are somewhat higher, lead by the old leader - Transports, now in the 6300s. Oil is a touch higher after earlier minor declines. Precious metals are slightly weak, but holding within a large (arguably still a bear flag) up channels.


sp'60min

Summary

Very little to say, and frankly, that will probably be the case for much of the week.
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Oil is up, and I won't be chasing it higher at the current levels. 


VIX update from Mr T.



Indeed, its dead out there.

I'm almost inclined to suggest 'turn ya screens off until August'
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