2pm update - continued opex chop

The main indexes remain moderately mixed, with most lower by around -0.2%. The standout remains the Dow, +0.3% VIX has turned fractionally positive, but in the grand picture, all such moves are mere noise. Metals holding gains, Gold +$11.


sp'60min

Summary

*labelling the micro waves is fraught with endless problems, if you counf the past few days of chop as a small'2, then next week should (in theory) see a break higher to the 1860/70s.
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Well, just 2 hours until the 3 day weekend...this is very much a typical choppy opex.

I see a fair few people out there already ruling out the sp'1900s ....really? Haven't we learnt anything yet?  Unless I'm mistaken, QE continues at an annual rate of $900bn.

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Notable weakness.. AAPL -2.0%...pre-earnings concern ?

There should be support around 535, but with it being opex, market makers will probably try to pin it around 540 for today's close.