12pm update - latter day recovery

The market has found support on the lower channel, that goes back 8 trading days. The micro-count would suggest a final wave higher into Wed/Thursday, although the sp'1720s look difficult to hit, even with a lot of QE 'benny bux' looking for a new home.


sp'60min

Summary

Yes, the declines are kinda interesting, but once again, we've apparently floored at the traditional time of 11am.

Lets see if the bulls can manage a flat/fractionally higher close, which would set up the 1720s tomorrow.
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As it is, I simply have no interest in getting involved in this nonsense right now.

'Tired of it', doesn't remotely cover it.
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VIX update coming....