12pm update - moderately lower

The main indexes are seeing some renewed weakness in late morning, but still, the declines are only 0.2% for the headline indexes. Similarly, the VIX is higher by 1.3%. Metals are holding significant declines, Gold -$30, whilst Oil is holding gains of 0.8%.


sp'60min

Summary

There should be pretty good support in the sp'1685/80 zone. Obviously a daily close <1680 would offer the bears something for Friday, but I don't see that likely.

If VIX was back in the 15s, I could maybe take this mornings weakness seriously.
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VIX update from Mr T



time for lunch