12pm update - time for another up wave

It would appear we have floored at sp'1991, and look set for another daily close in the 2000s. Overall price action remains choppy, but there is the underlying upside, that stretches all the way from the key low of 1904.


sp'60min

Summary

*I am long from sp'1992 this morning, would prefer an exit in the 2010/15 zone, later this week.
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Metals are starting to slide again, Gold -$4. The fractionally higher USD won't help.
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The AAPl product announcement is due around 1pm I believe. I have little interest in such over hyped nonsense. Just how different will iPhone6 be to 5? With effectively blanket coverage, its almost as though CNBC is being sponsored by AAPL for the entirety of today.
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VIX update from Mr P.


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time for lunch