1pm update - afternoon weakness

US equities remain moderately weak, with fair opportunity for a more significant wave lower into the close. VIX continues to battle to hold the 13s, with the 14/15s viable at the close.


sp'60min

Summary

So far then, a bit of a messy Monday, but with general weakness.

Certainly, I don't see a clear floor yet, lets see if Mr Market can wash out another wheel barrow of bull stops.
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Update from Riley



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stay tuned


1.32pm. I imagine the intraday wave counters are counting this one as a nano C up.

Still awaiting more downside...for a better buying level.

I'm resigned to waiting until tomorrow....