12pm update - intraday floor... probably

The market has seen some interesting weakness, but appears to have likely floored for the day in the typical turn time of the 11am hour. Bull maniacs should be seeking a weekly close in the sp'1875/80 zone, with VIX back in the 13s. Metals are starting to slide, with Silver fractionally lower.


sp'60min

vix'60min

Summary

I think we have a floor, but there remains risk of a secondary wave lower into the close - although weekly charts argue against it.
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So...I'm long, and I still have ZERO intention of meddling on short side for some time.
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VIX update from Mr T


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time to cook
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12.20pm..RIG looks a little toppy on the smaller cycles..I'm on a huge gain...seeking to get stopped out...at 43.30.

12.22pm.. KICKED from long- RIG.... frankly, a great gain to end the week. Will probably pick up again next week.