10am update - minor wave lower

The indexes are still showing weakness, and we are close to taking out yesterdays low. Notable so far today, USD is making a run for the 83s, but this is not stopping Oil rising. Metals are a bit twitchy.


sp'60min

Summary

This morning could merely be a the end of 'black' 4 lower..with 5 UP to take us into the weekend.

I sure won't be trying to chase this market lower.

The daily cycles are warning of possible downside, but there is absolutely NO decent bearish signals yet.
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I am watching Silver and Oil. I sure won't be chasing them higher. If they don't pull back,..I'll sit today out!