11am update - retracement ?

Equities flip marginally negative, and there remains an arguably overdue retracement. Primary retrace target zone is now 1880/75, with a VIX that should see a small spike into the 14s. Metals remain weak, Gold -$4, and this is not helping the miners, GDX -1.4%


sp'60min

Summary

An interesting hourly candle, but then..we saw much the same yesterday in the 1pm hour..and see how they turned out.
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As things are, I'm only interesting in going long, if 1880/75, if this nonsense doesn't fall at least for a few hours, I ain't interested.

*notable strength: GOOG, +2.8%, having seen an effective 2 for 1 stock split.


11.41am.. Well, its a break of the hourly 10MA...I guess its a start.

Seeking 1880/75...no later than early tomorrow.