3pm update - closing hour gains

The underlying upward pressure should be pretty obvious to most out there, and the main US indexes should close fractionally higher. Metals remain weak, Gold -$12, Silver -2.1%. VIX is higher by almost 8% in the mid 13s.


sp'60min

Summary

Underlying MACD (blue bar histogram) on the hourly index charts is clearly allowing a year end close in the sp'1850s tomorrow.

Yes, the VIX is somewhat higher, but I can't take it seriously, whilst there is zero power on the bearish equity side.
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Notable recovery in TWTR, now just -1%, back in the $63s.

We now have a clear reversal candle on TWTR. A net daily positive close would be very impressive for the momo chasers out there.
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3.45pm.. the index chop continues...however, there is increasing weakness in the metals..and that is bringing the miners lower.

End year tax-loss miner selling?