2pm update - truck load of short stops

Mr Market is set to trigger a veritable truck load of equity bear short-stops. A daily close in the sp'1900s remains a very viable scenario, which would equate to Dow in the 16700s. Metals are cooling down..Gold +$7.


sp'daily5

Summary

Both hourly/daily charts will be offering the 1900s by end of today (weekly cycles are already allowing 1905/07).
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Bears look set to be ground down into the close.

yours.. on the sidelines.
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2.14pm.. R2K +2.3%...a major move on any outlook. At this rate..won't take more than a week or two to hit the 1170/80 zone..which might be a key lower RS high.

Notable strength:  TWTR +5.9%