11am update - sleepy Thursday

US equities continue to see mixed chop, with a minor up wave to the mid sp'1860s. Next upside target is the Fed minutes high of 1872, but that looks out of range today. VIX is utterly crushed -3% in the 13.60s. Metals are melting lower into the long weekend.


sp'60min

Summary

I'd certainly think there is chance of a minor down wave next Monday to 1850/45, but really, that should hold as good support before market makes a play to break new highs into end month.
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Notable weakness in the coal miners, BTU -1.4%

*I remain content to be on the sidelines across the Easter weekend. Will seek to pick up an index-long next Monday.

*Just noticed... UGAZ +10%, more concern over Putin remarks about gas prices?