11am update - morning churn

The main indexes have seen a micro down cycle...enough to kick a few equity bulls out, and draw in some very pre-emptive equity bears. As ever, a fed day can be tricky, but trend clearly...remains to the upside. Metals holding gains, Oil remains particularly weak, -1.3%


sp'60min

Summary

*clown TV seems more concerned with the 'rivetting' coverage of Sebelius on Obamacare, than on the markets.
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Interesting strength being seen in AAPL.

I don't expect 540s today though, but you can see, the general trend of the last few months is one of battling back higher.

stay tuned :)
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11.27am.. another micro-down cycle, and sp is -0.15%.. truly..collapsing.

Hourly support will be 1755 by end of day.
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