3pm update - a second day of declines

US equity indexes are only moderately lower, but it will still make for the second consecutive net daily decline. Whilst the sp'500 is yet to break the Friday low of 2043, the VIX is offering a slightly stronger indication that the market will continue to cool across the next 2-3 days.


sp'daily5

Dow, daily

Summary

Little to add.

Lets just see how we close.
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back at the close