NOON UPDATE

Equities continue to trade around the flat line with the NAZ and tech leading while metals, energy and financials lag.

NYSE- 270 net green;

NAZ- flat internals;

SPX- 225/265;

NDX- 55 GREEN;

TRIN- 1.31- with up and down volume about even;

VIX- up 1.5% at 21.45 and about 3% under the SMA 10.

Gold is slightly lower for the first time in quite a while,

Equities were higher this morning before the worse than expected ISM services number was printed- A move higher later in the day is probably in the cards as the bears just can't seem to do much to get this market lower.

RSI 2 levels are overbought as most major indexes trade at levels over 70-