12pm update - what about the R2K?

Whilst the broader market is seeing minor weak chop, there is once again somewhat significant weakness in the R2K, -0.9%. The recent bull flag has failed, and if the R2K loses the big 1100 threshold, then it would bode badly for the main market.


R2K,daily

Summary

To be clear, I'm certainly not going to get overly excited for the bears unless the R2K loses 1100, and even then, the recent 1080 level is even more critical.

Meanwhile, VIX is still failing to display any sig' upside power, and it will be difficult to get any move much above 14 this week.
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VIX update from Mr T



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Notable weakness in ACI and WLT. Have the algo-bots been reading my recent postings? 
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time for tea