12pm update - weak gains

US equities remain moderately higher, but all things considered.. it is a weak up wave... and renewed weakness looks due.. for a test of the 200dma @ sp'1965. VIX is reflecting a market that is still concerned, holding the 22s. Gold continues to build gains, +$19.


sp'60min

sp'daily5

Summary

*Two issues to keep in mind, its opex... so expect more chop this afternoon... and we have a 3 day weekend... so.. might see increased selling into the weekend as some of the rats get twitchy.
--

Other than that... little to add.

-
VIX update from Mr T.


--
time for lunch........ back at 2pm