12pm update - battling upward

US equities have turned moderately higher, with some marginal breaks of the down trend. With the VIX -3%, the equity bears have clearly failed.. again. Metals remain weak, Gold -$9, with Silver -2.7%. Oil is significantly lower, -3.1%


sp'60min

USO, daily

Summary

Suffice to say.... today is tedious, and the more bearish scenarios from recent days can be thrown out.

*I'm content to end Q3 on the sidelines
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VIX update from Mr T.

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time for tea