11am update - bears trying to capture the flag

US equities remain moderately lower, but still, there just isn't any sig' downside power. Metals remain very weak, Gold -$12, with Silver -0.9%. Oil & Nat' gas are both lower by around -0.6%.


sp'60min

Summary

...meanwhile...this is (depressingly) probably the most bearish thing we'll see today.



*there is more than one bear...if you look closely.
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So.... the big question remains.... sp'1970s....in the current multi-day cycle, or was sp'1982 a key low?

All things considered, I'm still looking for that 1% of downside, but I won't be short this market... overly risky... until we're brushing the upper bollinger on the weekly and/or monthly cycle.


11.34am.. still stuck around the 1990 threshold.. sure is a price-cluster zone for the past THREE weeks.

Meanwhile... SDRL getting drilling into dust... -4.9%. I sure put the kiss of death on that one.