10am update - opening tease

Mr Market starts the end of the week with a minor tease to the equity bears. The Thursday low of sp'1952 looks reasonably secure, and a weekly close in the 1970s still looks probable, with a VIX in the 12.25/11.75 zone.


sp'60min

Summary

Not expecting anything much of today.

No QE, no notable econ-data...


The miners are notably higher.. GDX +1.4%

GDX looks set for the 30/35 zone across the next few weeks. Eyes on Copper prices... and FCX.

--
time to shop
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10.42am  the minor chop continues.. but notably... VIX is already red...

There is no power on the downside.

Whats up with AMZN +4% ?