11am update - don't get lost in the noise

It all remains minor chop, at what is increasingly likely to be at least a short term cycle top. We could easily hit 1380..or 1360 next week..and bounce right off..and then put in new highs.

The VIX remains essentially flat....in a fearless market.


sp'60min

Summary

Very little to add, other than I sure don't expect anything significant to happen today. We might see a little weakness into the close, but even 1390 would still rank as minor moves.

*am watching MANU, its amusing how they have an algo-bot with an infinity buy at 14.00. Next Monday they probably won't..and then a quick to decline to <10.00 can begin.