10am update - minor declines

The declines remain minor, almost borderline noise. VIX is barely green. So far, this is arguably just more top-churn.


sp'60min

sp,daily5b

Summary

First target is clearly the low wedge channel of 1380. I don't expect that today, or even Monday.

With the VIX so weak - and it could easily flip red by late morning, lets be clear, these sort of declines are to be entirely dismissed. Even a pullback to 1360s is still very likely to see a bounce.

More later.