Back and forth we go in the Equity Indices.
I view this a technical range trade. The Spu’s need to elect the 1625 sell stops to entice new sellers.

We’ve seen another failure to rally anywhere in the broader indices
from Europe to Asia.

VIX…support is again matching up with Equity resistance.
17.70-80 is next resistance.

Taper talk has everybody chasing the Bonds. Any short term traders should continue to keep looking for full point moves.

Euro...131.44 is the 200 day mvg avg. I would expect to see at least a couple of attempts before we see a close under this level. Sell 80-100 point rallies not breaks.

USD/JPY…99.15 ( app 100.85-90 Futures) is Yen resistance.
It would take late afternoon Equity Index weakness to get through this level.