1pm update - the battle continues

Equity bulls are still unable to clear the (usually) important hourly 10MA around sp'1850 - which itself is still falling each hour. A daily close in the sp'1830s is still very viable, and that would be a pretty decisive bearish weekly close. Metals continue to cool... Gold +$4.


sp'60min

Summary

*it remains kinda quiet out there today, and I think many are starting to just walk away as the market is largely seeing minor chop.
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However, it STILL remains a case of 'who wants to be long into the weekend?'...so.. some selling into the weekend looks very probable.

Equity bulls need a daily close >1863 to stop the bears achieving a sig' weekly bearish warning.
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Notable weakness: DRYS, TWTR, TSLA, all lower by around -2%


1.41pm... weak weak weak.... bulls can't hold the 1850s.