1pm update - minor chop

Equities see a minor down cycle, but the morning low is holding, with a VIX that is unable to show even moderate upside power. Meanwhile, there is carnage in commodity land - via a rising USD. Gold -$10, Silver -3.2%, with Oil -3.2%.


sp'15min

Summary

*I am marginally tempted to go long at these levels, but for now... not in the mood.
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Hmm.. another minor down wave.. but really. the early morning low of sp'1970 should hold, along with a VIX peak in the 16.40s.


1.27pm.. minor chop... bulls need to hold 1970.

1.47pm  VIX breaks the morning high................ interesting.

Regardless.... I ain't short... and NO intention to chase lower.