11am update - market teasing the bulls

US equities have managed a 62pt (3.1%) rally to sp'1892 across just 12 trading hours, and there are already many calling for new historic highs. Yet, this is likely Mr Market just teasing (for once) the bulls. VIX remains smacked lower by -17%, just managing to hold the 20 threshold.


sp'60min

VIX'60min

Summary

Well, its 11am.. typical turn time.

At the very least, equity bears should be seeking a weekly close back under 1870... which frankly, is not expecting too much, considering the recent intraday swings.
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Notable weakness, NFLX -4.6% @ $345... no buyers until 310/320.