11am update - remaining weak

US equities remain weak, with the sp -0.7% @ 2052. VIX is +8% in the mid 14s. There remains threat of continued weakness to the sp'2020/00 zone.. before the next push into the low 2100s. Precious metals are holding strong gains, Gold +$30.


sp'60min

Summary

Well, at least we're not trading flat today.

*two fed officials are speaking today... any hint of 'rate rises coming in 2015'.. and Mr Market will see increased weakness.

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Far more interesting...

Notable weakness

RIG -4%, set to lose the $20s... next support are the $17s.
SDRL, -6.5% in the $13s

Coal miners are similarly still being destroyed.. BTU -5% in the mid $9s..

... seemingly headed for $5, by the spring.