There is clearly some weakness out there, although the two leaders - Trans/R2K, are +0.9% and +0.7% respectively. Despite the heavy QE today, the headline indexes (Dow, sp, Nasdaq) have a fair chance of closing at least a touch lower.
sp'60min
Trans, daily
Summary
A quiet start to the week, but with the transports breaking new highs (no doubt helped by lower Oil prices), you can still see the underlying upside pressure.
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VIX update from Mr T.
time for lunch!