The main indexes open with minor chop. Importantly, the sp' is holding under the key 1709 high. Precious metals are weak, with Gold -$13. Oil is 0.4% higher, ahead of the usual oil report at 10.30am. VIX is similarly seeing minor chop, now fractionally lower.
Market looks set to remain within a holding pattern until 2pm.
Absolutely no reason why sp' will break >1709 before then..or similarly, <1700.
Notable movers so far..AAPL, FB. The hysteria stocks are really only ones seeing any action.
Not exactly so bullish now, despite the recent Golden Cross. A death cross - viable no earlier than October, would be kinda interesting.
*I remain on the sidelines, until at least 2.15pm..if not tomorrow.