12pm update - building a floor

US equities are well above the early morning low of sp'1952, which would make for yet another higher low (from May'26, sp'1944). VIX is significantly cooling down from 13.23 to the 12.40s. Metals are similarly cooling, Gold +$8.


sp'60min

Summary

So.. a rather busy morning, a down open sure does wake up the usually sleepy bears.

Yet..here we are, and it would seem this down wave is now complete. Having fallen from 1985 to 1952 - a mere 1.6% decline, spanning 4 trading days.
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VIX update from Mr T


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time to see what stocks the cheer leaders on clown finance TV are trying to pump.

stay tuned :)

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UAL , daily

Wow....simply.... wow.. what a flyer!    Delta will likely catchup next week.. but even that is positive today.