1pm update - melt into the afternoon

US equities remain a touch weak, but indeed 'a touch' is all the bears are getting, with the sp'1890/1900s likely within the next two trading days. Metals are seeing minor mixed chop, with Gold -$3. Notable weakness remains in TWTR, as the original rats are permitted to sell.


sp'60min

TWTR, daily

Summary

*TWTR remains smashed lower, on rather huge volume. Who wants to catch that loss making falling knife?
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Little to add.
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Price action is simply the same old nonsense. Market is in a holding pattern until the Yellen appears, and then we'll almost certainly break to the upside.
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1.26pm minor weakness, back to the morning lows, but really....nothing has changed.

How are the bears even going to break <1866 ?