2pm update - got a spare minute?

FOMC minutes are due at 2pm..and that will probably seal the fate of the market for the next 5-7 trading days. The levels are clear, a basic retracement would be somewhere around 1490/80. Metals remain especially vulnerable, not least if the dollar manages to break into the USD 81s.


sp'60min

sp'daily7 - fib levels

vix'daily3

Summary

..awaiting the press release. No doubt the cheer leaders on clown finance TV are about to get a little hysterical.

Brace yourself.
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ohh.. and eyes on those metals..and Oil.
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Major prices snaps...

metals lower..., gold -35, silver -$1

USD.. breaks into the 81s.. this is pretty much the most important issue of the day now.
Oil -2.6%