2pm update - continued churn

The market continues to churn, as bears are so far unable to knock the market more than 0.3% lower. Gold and Oil are holding moderate gains of 0.3% and 0.5% respectively, although the latter is almost 1% below the earlier high.


sp'60min

TWTR, daily

Summary

*as for the gains of around 5% in Twitter, I've no idea, but then, its a hysteria stock, does it need a reason?
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For the bears out there, 1825/30 is the obvious short-stop zone. I'm still holding to the original outlook..seeking downside into Friday.

Considering the 89pt ramp..we are unquestionably due a pull back, even if its just 1.5-2.0%.
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AMZN remains weak, -3.2%
GDX -1.8%, failing to benefit from the higher Gold price today.


2.35pm.. Price action remains muted, but...the weakness is there.