sp'60min
Summary
*typical turn time is 2.30pm of course.. so lets see if this latest nonsense wraps up then.
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Holding to target downside of 1915/10.... the August low of 1904 is VERY viable, with still 2 trading days left of the week.
Notable weakness: CHK -3% @ $20... like most in the energy sector, its getting crushed.
2.03pm... this cascade of short-stops getting hit... pretty strong
2.13pm.. urghhh. its a short-stop massacre.... a 28pt swing.....
2.22pm... Well, this is volatility...something many have been longing for.... not so fun now huh? lol
Seriously though.... almost 2.30pm... cyclically... we tend to max/floor then.
2.29pm.... being so ill.. (yeah, its true)... I had completely forgotten that the Fed maniacs issued an FOMC press release at 2pm.
Regardless.. its now typical turn time.
Equity bears MUST halt this madness <1965...