3pm update - a tough close to call

US indexes continue to hold moderate gains, however the smaller 5/15min cycles will be inclined to fall into the close. Yet, a new high..is a new high..and equity bulls have come close to breaking most bears today. VIX remains crushed in the 13s, whilst precious metals remain weak.


sp'60min

Summary

*I remain holding a secondary short block, but will get the kick on any move >1884.
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It was a day that has been 'testing' to put it mildly, with some mixed signals, but then, that's what trading stop are for..right?

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Hourly 10MA, 1878/79, should be first target for those day-trading bears.

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3.29pm... Hell, can't even break <1880..and we're back to 1883.  What a lousy day.

3.48pm.. KICKED out of my secondary short-block.

...so...I'm back on the sidelines.

Have ZERO interest in getting involved for rest of the week, if not the month.