Closing Brief

After yesterdays major decline, most were expecting a bounce of some kind, and aside from very minor opening gains, we saw another weak market, with the sp' testing the daily 200MA area @ 1381. The one anomoly all day was the VIX, which remained red throughout.


sp'15min

*have removed black count, with the lower low in the closing hour.


sp'60min

sp'daily5f

*ALL three key warnings triggered on the daily chart.






Summary

The closing hour was pretty damn weak, certainly no sign of things levelling out yet. Sp'1345 really isn't far away now.

I remain seeking a re-short, into the next bounce, of which there 'should' be one at some point tomorrow.

As ever...bits and pieces..across the evening.