US equities remain broadly weak, with the (not so mighty) Dow set for a seventh consecutive net daily decline, but even more importantly.. a very bearish net weekly decline of around -2%. The 17000 threshold remains an obvious target for early next week.. at which point we're prone for a bounce.
*second consecutive green candle on the VIX... looks fine into next week.
The Dow looks real ugly... as also reflected on the monthly cycle which has flashed a few warnings sign this week.
notable weakness: AA -3.5%.. seemingly headed for the 8s.. or 7s.
CNX -6%... coal miners continue to implode.
NFLX -2.6%... You know the market is struggling when even the hyper-momo stocks are negative.
London city is pretty good today.....
Blue bearish skies... into the weekly close :)
back at 3pm