3pm update - another week for the bulls

The market is seeing continued micro-chop, with the sp' comfortably holding the 1670s. The small 5/15min cycles are primed for upside into the close. Precious metals remain weak, but Oil is building upon gains, now +1.4%.


sp'weekly8 - mid term outlook

Summary

Unquestionably, another week where the bulls ruled.

Next week is opex, with the Bernanke speaking Wed/Thursday to the house/senate, so..there IS the chance of small pull back, but even the 1650s look 'difficult'.


Boeing remains a bit of a mess

....who wants to be long that over the weekend?
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*I am content to be on the sidelines, and will merely seeking to go long the indexes/Oil next week.


3.32pm.. high risk of small micro-ramp into the close.  bears beware!

3.49pm... ugly close for the bears..as expected.

Can the bulls manage 1680s..to really annoy the bears?