3pm update - clawing higher into the close

It has been a rather tedious day of minor chop. The smaller 15/60min cycles are offering slight upside into the close... a net daily gain some indexes seems probable.. certainly for the Nasdaq. Oil remains significantly lower, -2.3%. Gold is holding moderate gains of $6.


sp'60min

Nasdaq, daily

Summary

A somewhat dull day... 

Regardless of the exact close, the equity bulls have managed to hold most of the strong Monday gains. Indeed, Today was arguably one of consolidation.
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notable weakness, energy stocks, BTU -5.2%, CHK -4.4%, RIG/SDRL, -5.7%

*Oil.. along with most energy stocks should see renewed strength, no later than Thursday.
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back at the close.