2pm update - bounce still holding together

The bounce from the 1407 low is still holding together..just. Upside target zone remains 1420/22. The VIX  has really cooled off from the open, almost completing a gap-fill in the low 18s.


sp'60min

vix'60min

Summary

I am very tempted for a re-short before the close.

*Am also tempted to short FB, but I will refrain. Daily chart for FB says UP. If it does fall due to earnings tomorrow, I might just short on the bounce, whatever that might be.
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With two hours to go..lets see if we can break back briefly into the 1420s.

back at 3pm