3pm update - seeking further weakness

The main indexes remain weak, although the declines aren't that much, the Dow is -1%, with the Rus'2000 small cap only lower by 0.3%

The VIX is actually red, and this is now my primary concern.


sp'60min

vix'60min

Summary

Well, lets see what the bulls got in them, can they rally it back up a bit 1435/40..or do we close in the 1420s?

As noted, the VIX remains a real concern, I'm not sure what to make of it.

As it is, I'm holding short into Thursday.

More after the close