1pm update - ten hours of minor chop

We've had around ten hours of minor price chop in the sp'1830s. It is very likely just a baby bull flag, with upside into the 1850s by the Friday close. Metals are weak, Gold -$10, Silver -2.3%.


sp'60min

Summary

Just another hour until the FOMC minutes...where no doubt, the algo-bots will run rampant for a little while, as the mainstream start wondering about taper part'2.
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Notable strength: UAL,

No doubt, part of the rise is due to continuing weakness in Oil prices. Upside target - by late spring, remains the 2007 double top of $48