11am update - natural bounce

US equities have seen an early floor of sp'1819 - with VIX 16.97, and are vainly attempting to rally. There will be stiff resistance in the 1835/40 zone this afternoon, and a red close still seems very likely. Equity bears should battle for a weekly close <1838.


sp'15min

Summary

Seeking an index re-short in the 1835/40 zone, with VIX in the 15s.
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Right now, best guess..this latest bounce maxes out around 1-2pm, with downside into the weekend.


11.17am... on track....seeking 1838/40..within 1.5hrs


11.36am... still...on  track..... I'm calling it an ABC wave'2 bounce....seeking 1838 by 1-2pm