11am update - minor chop

Equities are seeing very minor chop, although yet again, the more notable weakness is in the R2K. The sp'500 will likely close around 1975.. the 1960s...will not be easy to hit. VIX is battling to claw higher, +3% in the 11.40s.


sp'60min

Summary

A somewhat quiet morning, although in some ways, that is a good thing.

Remember, just a week ago....and we were sp'1952 then.. with VIX 13.20s....

Given a few weeks...the sp'2000s look relatively easy.
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11.24pm... VIX... +8%... next resistance 12.10....

hmmmmm


11.32am... Kinda interesting... VIX 12.40s.....

Equity bears need to take out sp'1952... with VIX 13.20s......and that looks out of range.


11.40am.. market spooked by this ?  Plane down in Ukraine @ BBC news