2pm update - sleepy afternoon

The market is drifting, with the sp +4pts @ 1661. The two leaders - Trans/R2K, are both a touch weak, after what were very significant Thursday gains. General upside into the sp'1675/85 zone looks viable early next week. VIX continues to melt lower, -3% in the 14.30s


sp'60min

Summary

Not much to add, on what is turning out to be a very quiet end to the week.

*the sp' looks set for net-gains on the week, however, that usually happens in many multi-week down cycles..and the current candle remains a reasonably bearish blue


sp'weekly7

stay tuned...