11am update - minor chop

Once again the early morning declines are just the usual daily tease to the equity bears (will they ever learn?). Market looks set to churn sideways for today. The excuse for the sp'1890/1900s will likely be comments from Yellen, due tomorrow and Thursday.


sp'60min

Summary

Little to add.

Opening black candle on the VIX...minor equity declines....just the same old early morning tease.

I sure ain't falling for it.
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11.34am.. minor chop....bears unable to break into the 1860s.....it seems merely a case of waiting for Yellen..and then the 1890/1900s.


back at 12pm