Friday, July 20, 2012

Not much volatility, but...

As expected, since it is OE day, there's not much volatility today.

That's NOT stopping the Bears from pushing their agenda , albeit in a grinding like fashion.

Lows being approached again, each break hasn't gone too far, which do course doesn't mean that the next one, if coming can't extend a bit.

The not so horrid breadth leads me to believe that we MAY get a bounce sometime from here forward, but it's a gamble trying to guess.

As you can see, I'm pretty much on the fence on this choppy summertime Friday


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