sp'60min
Summary
Little reason to get overly interested in any minor moves before 2pm.
Four hours until the Fed press release....
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Equity bulls really need to break the VIX <14, or they have..a problem. Any break into the 16s..would be a provisional warning that we do have a H/S formation, and that we'll break <sp'1834 within days.
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10.04am.. sp' trying to break a new high..but the trans pulling back....
10.12am.. Trans and R2K turn red.....
Kinda interesting...for the equity bears out there...the two leaders will be key. So long as no new highs are hit today...the H/S scenario remains a valid outlook.