1pm update - minor fifth wave... on track

US indexes remain somewhat weak, the sp' looks set for the low 1920s this afternoon. Primary target zone is 1915/00.. with a VIX that should (notably) remain below the recent high of 17.50s. Metals and Oil remain weak.


sp'15min

Summary

So..... we're still weak..and seemingly headed to break the Friday sp'1916 low... how we react on such a break difficult to say..

could briefly spiral as low as 1905/00... but might just get stuck around 1915/10.

Regardless..still some way to fall from current levels.
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1.07pm.. another 150pts to fall on the Dow.. to test the big 200 dma. Seems... .probable.


1.40pm.. slipping away..... right on track...still.  :)  Dow -135

100pts until the Dow 200dma.... due tomorrow.