3pm update - the bull maniacs are absent

Unlike yesterday, there is no 'stupid bounce', with the sp' breaking a new cycle low of 2027, set for 2020/15 early Thursday. VIX is powering higher... already in the 18s.. with the low 20s now a given. Oil remains in collapse mode, -4.2%. Metals/miners are starting to slip, Gold -$2


sp'60min

vix'daily3

Summary

A somewhat amusing day.. after yesterday's annoyance.

To those bravely shorting.. congrats.. .. but the FOMC clock is ticking.

Once Yellen appears... bears...beware!
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*notable weakness...

There are so many extreme down moves today... so hard to even decide...

see... BTU -9%.. RIG, SDRL, TCK, CHK
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Notable resilience... financials... retail.