Much like yesterday, we'll likely see some degree of latter day recovery, although anything >1947 looks out of range until next week.
VIX is +7%, but we're only in the 21s. Sub 20 looks probable in the near term.
As Q4 and Q1'2016 GDP get regularly downgraded, the threat of a second rate rise has effectively vapourised. The financials are naturally resuming lower. Next big support for BAC is not until the psy' level of $10.00.. and that is around 30% lower.
Meanwhile... here in London city...
|Phil sees a shadow. Six more weeks of winter.|
time to cook.... again