3pm update - sleepy Monday

The main indexes continue to see very subdued trading, on what might be the lowest vol' of the year. VIX is merely melting lower, now -2.4% in the 13.10s. Metals are holding their opening significant gains, with Silver up an impressive 4%


sp'60min

Summary

There is no reason to be involved in this market this week. Maybe we'll open lower Tue..or Wed' into the 1680/75 zone..but I don't expect that to break.

Bears remain weak..as this mornings open once again showed.
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*I remain content on the sidelines after a useful little gain from an index-short, that I closed at the open.