12pm update - a little lower

US equities continue to slip... if very slowly... and consistantly. Market looks set to floor in the near term... next support is the 50% fib retrace around sp'2084. VIX is showing little market concern, +4% in the 14.60s. Metals remain weak, Gold u/c... whilst Oil -3.3%


sp'15min

sp'60min

Summary

So.. the double low (seen best on 5min cycle) @ sp'2090 did not hold...  and we're now set to floor somewhere in the 2085/80 zone.

On no basis does sustained trading <2080 look likely in near term.
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VIX update from Mr T.. where Basketball appears far more important today.


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time for tea.