11am update - bulls exhausted?

The main indexes are seeing a small reaction from what are significant layers of resistance. Precious metals are significantly lower, with Gold -$25. Oil is still holding small gains though. VIX is still a touch lower, showing zero sign of concern.


sp'daily4b

Summary

Well, is that it?

As things are, I'm tired, and despite the morning action so far, I just don't sense any real bearish power right now.

I ain't getting involved.

If that sounds weak minded, and back tracking from yesterdays plan....its because it is.
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