sp'60min
Summary
Two hours to go, can the bears break, and get a daily close <1940....I don't think so.
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Notable weakness...airlines.. UAL, -5%
UAL, daily
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2.07pm.. 5/15min cycles will be closing to flooring soon.
Equity bears getting a chance to exit at the low of day.
I am tempted to almost pick up an index-long here....but I'm really not in the mood.
2.13pm.. floor/turn ...imminent..at what is a typical turn time of 2.30pm....
Bears....beware!
2.20pm... looks like a floor is in at 1940.... 5min cycle appears concluded.
...up into the close...somewhere in the 1945/50 zone.
2.29pm.. Market churning out a floor...bears seemingly unable to push <1940.
90mins...time for an up wave.