11am update - minor moves

The main indexes are a touch weak, but still..the bears appear powerless. There is no real power on the downside. Oil has already turned back higher, after earlier pre-market declines of 1%. Metals remain 'gently' cooling down after the big Monday jump.


sp'60min

Summary

So...there is channel support around 1690.

A break of that..and we can a lot more...but I'm guessing...no.

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SLV...a little lower...

 I might try to catch the next low, via the 5min cycle   19.40/30 would be a much more attractive level.


11.11am... looks like 1690 - channel support.. will hold.

SLV -13 cents..( it was -33 in pre-market)... 5min cycle kinda high...still potencial for a little wave lower on that.


11.27am...SLV set to rollover on the 5min....

19.40s..will be tough to hit...volatility is real low today..