11am update - double floor at 1772

A touch of weakness..and the market slips to confirm 1772 as a floor. Text. Book. :)  Metals are gaining, Gold +$10, whilst Oil is weak..-1%. Equity bears have had a bonus chance to exit in the low 1770s. Now its time for the bulls to kick this market back into the 1790/1800s by late Monday.


sp'60min

VIX'60min

Summary

So..the bears had yet another opportunity to exit at the cycle low. That makes for a rather lucky 13th.

We have a clear double floor, and all index cycles should now start to push upward..all the way into next week.
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*very notable strength in FB and TWTR.


11.16am.. market still teasing the bears.   Bulls just need a break >1777..

FB +1.5%.. TWTR set for the big $60 on Monday...even Drudge is highlighting this loss making company.


11.27am.. market wants to snap higher... 1776..and ...poised.