3pm update - closing hour upside

The bears have seen a strong fifth wave lower, and despite a lot of doomy chatter out there today, it would seem we'll see Mr Market claw a little higher into the close. Bulls should be seeking anything in the 1550s, which easily opens up the mid 1560s tomorrow.


sp'60min

Summary

Its been a bit of a choppy few hours, but a floor looks like its holding very well - with a nice floor spike @ 12pm.

I do not expect new lows into the close.
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*Holding LONG oil ( via USO) overnight, seeking the 32s...

USO, hourly

Need a break outside of the down channel, with 31.25/30s
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back at the close