10am update - still slipping, urghh!

Those overnight futures gains of 60pts, again failed to materialise in normal trading. Early moderate falls of dow -30 are not exactly reassuring me right now of any bounce starting between now and tomorrow afternoon.

*lousy 10am econ-data/surveys is not helping


Dow'60min

VIX'60min

Summary

Not much to add right now, even clown channel appears struggling to get bullish this morning, does that make for a contrarian buy signal? The Cramer seems dispondent about the rest of the world, maybe I should turn these clowns off today, yet I find it useful to see what the cheerleaders mood is.

Note the VIX is not making new highs yet, maybe it'll do it in the next hour, but for the moment at least, its stuck.

Holding long into Friday.

More across the day