1pm update - muted Monday

Equities continue to see very muted price action, with the sp' broadly stuck in the low 1960s. Metals are holding minor gains, Gold +$2, with Silver +0.1%.


sp'60min

Summary

*So far..the football is only marginally less boring than the equity market. Hopefully the evening games will offer something more.
--

Suffice to say...market is content in churn mode...merely allowing all the smaller cycles to reset..before an attempt for the 1970s.

Regardless..there is nothing bearish here.
-

I have my attention on WFM. The one upside of today, the higher trading vol'. and price structure is suggestive a floor is in. The 41/42s look an awful way higher though.