1pm update - holding fractional gains

Equity indexes are holding the sp'1880s, and it is looking like a near exact replay of last Monday. Metals are below their opening gains, Gold +$11, Silver +0.7%, and the daily candle is suggestive of much lower prices as the week proceeds.


sp'daily5

Summary

*VIX daily candle..currently black, a real problem for the equity bears.
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Well, last Monday saw a spike floor of 1850..and today is offering one at 1866.

So...bulls have a new floor..1866..and unless that breaks..trend is back to the bulls.
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R2K/Nasdaq are still battling to break the overall down trends from March/April, but it won't take more than 1% higher to clarify things.