1pm update - shaky gains

US equities continue to weaken... with over half of the earlier gains now evaporated. Equity bulls should be somewhat desperate for renewed strength into the late afternoon, with a daily close at least in the sp'2045/50 zone.


sp'15min

vix'60min

Summary

... with the continued weakness... I'm back somewhat earlier.

The smaller 15min cycle is offering a hint that market is done with the selling.

Overall, bulls really should be clawing for 2045/50 at the close... at minimum.

--
stay tuned


1.24pm.. ohoh.... sp'2034.... red indexes.. not far off.    R2K battling to hold minor gains of 0.3%

... and the VIX turns positive


1.32pm... Not pretty.....

... R2K turns red. 


1.42pm... What a mess.... sp'2024... with VIX 20s.  Oil is -1.5%... but that can't be the reason for this complete fail of what were sig' gains.