11am update - market getting stuck

US equities are holding moderate gains, but there is already the first sign that the market is getting stuck, with another sig' wave lower due before the week/month wraps up. Primary downside target is sp'2080/75 zone.. which should equate to VIX 16/17s. USD has cooled a little from the open, but still +0.1% in the DXY 97.30s.


sp'60min

VIX'60min

Summary

There is certainly a possibility of a secondary wave higher this afternoon to around 2120/22, but overall... equity bears have a high opportunity here to roll the market back lower... with renewed sig' weakness tomorrow.

VIX may have already floored at 13.46.
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notable weakness: oil/gas drillers, SDRL -1.1%.. as Oil remains weak, -0.9% in the $57s.. headed for 55s

strength: airlines, DAL/UAL, both higher by around 3%... helped as Oil continues to cool