11am update - moody Monday morning

US equities are so far failing to attract any buying interest, and we're moderately lower across all indexes. The break to sp'1890 is marginally interesting, but the VIX is not especially indicative of any real market concern, stuck in the 22s.


sp'60min

VIX'daily3

Summary

*Oil remains notably weak, -1.4%
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...well, its typical turn time, so lets see if we can claw back into the 1900s by early afternoon.
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Meanwhile.. London city is starting to flood (well, at least part of it).. and this probably sums everything up...



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back soon


11.45am.. market levelling out.... VIX cooling.. 21s.. a daily close <20... very viable.. which would confirm a top in the 22s.