10am update - morning weakness

The market is holding together very well, but the smaller trading cycles look due some sort of pull back across this morning A move to sp'1627/25 looks very viable, before a latter day recovery. Metals are higher, with Oil particularly strong, +1.2%


sp'15min

Summary

*consumer sentiment :82.7

--
Bit of a choppy open, this could go either way.

If it goes higher, I am not chasing it.
If we trundle lower into late morning, I will look to pick up a small index-long position.

Big QE next Monday, bears beware!

*I am short SLV from 21.30s
-

10.02am.. ..and now market wants to break a new high..hmm. I still won't chase this. Too much risk of a drop from here. Could easily slip lower for a few hours.