10am update - market seeking a direction

We're off and running, in what 'might' be the last proper trading week of the year. Market appears somewhat lost, and lacking any real direction. Bears need to push below sp'1410...that should then give us an idea of how much weakness is out there.


sp'60min

vix'60min

Summary

Opening minor chop, although at least from the short side, we're not massively gapping over last weeks 1423 high.

VIX is sporting a black fail candle, thats not exactly the best sign for bears.
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Again, its a case of whether the underlying weakness starts to appear.

I remain short, seeking <1400...in the next few days.

UPDATE 10.20am... we sure are getting maxed out around here.

Easy short stop @ 1424, or even tighter 1420..right now.

Trans managed to re-test the high from last Monday, double top ?