12pm update - battle continues

Equities see another minor wave upward.. although the two leaders - Trans/R2K, remain notably weak. VIX has negated the earlier reversal, -4% in the mid 17s. Metals are cooling, Gold -$5. Oil is set to lose the $50 threshold, -3.8%, as the chatter continues about Citi's call for the $20s.


sp'60min

VIX'60min

Summary

Its getting a little tedious... as the market is swayed by periodic headlines about Greece.

Best guess remains... sp'2025/20 zone... by tomorrow.

*I'm bullish TSLA earnings (due Wed' close)... although I ain't planning to meddle in that one. The $227/230 zone remains key resistance.. if that can be broken over.. then 250/60... rather fast.

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VIX update from Mr T.


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I noticed an update from Walker.. although it is over an hour long.



For those who can't get enough chart chatter though... its pretty good.

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time for tea.... back at 2pm... when I am expecting this nonsense to be lower than it is now.