12pm update - choppy weakness

US equities are choppy, but remain leaning on the weaker side. A test of the 200dma of sp'2063 is viable within the immediate term. USD is holding gains of 0.4% in the DXY 99.40s. Metals are mixed, Gold +$2, with Silver -0.9%. Oil continues to see minor swings, +0.8%.


sp'60min

Summary

A fifth consecutive net daily decline looks due.... and if things unravel this afternoon, the low 2060s are well within range.
--

notable weakness...

TSLA, daily

Having got stuck at the 200dma.. on lousy earnings.. reality is again returning to the stock, -3.8% in the $217s. Oh, and yes, a death cross is imminent for TSLA.

-
VIX update from Mr T.



-
time for lunch