US equities remain weak, as Mr Market seems more than content to wash out some of the weaker bullish hands. VIX is holding most of the morning gains, +12% in the 17.70s. Metals are weak, Gold -$7, with Silver -3.0%. Oil is so far unable to rally, -2.8%.
*with metals weak, the related miners are being dragged lower. The miner ETF of GDX -3.1%
Little to add... on what is a very quiet day.
VIX has hit target... sp' has fallen a little short at 2044. There is fair chance of another micro down wave later today.. but broadly.. it makes no difference. We're still headed upward.. at least to 2090/2100.
VIX update from Mr T.
time for tea