12pm update - back in the 1800s

Mr Market is seeing some classic algo-bot melt into the weekend. The VIX is -1.5% in the 12.40s, a weekly close in the 11s is just about possible. Metals are weak, with Silver -0.6%. Oil is off the earlier lows, -0.5%. USD is weak, -0.5%


sp'daily5

SLV, daily2

Summary

Things are going as expected..which is kinda good to end the week.

Indexes are in simple melt mode. There is a sig' QE on Monday, so equity bears have little to look forward to early next week.
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VIX update from Mr T.



time for tea :)