3pm update - a fourth day for the bears

The sp'500 is set to close lower for the fourth consecutive day... and it remains somewhat laugable how even the bullish cheerleaders on clown finance TV are getting real twitchy again. Gold is set for sig' net daily gains of around $15, but remains choppy. Oil is merely still in collapse mode..  next stop.... $45.


sp'60min

sp'daily5

Summary

Regardless of the exact close.. it has clearly been a day for the equity bears. However, recent counter rallies have been especially powerful.. and when the next floor is put in... bears had better have tight short-stops!
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... with key jobs data later this week.... a key cycle floor is one day closer!
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Notable weakness: SDRL, -10.0%... but more on that one... after the close.
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3.13pm... Sp'500 fully fills the price gap zone... sp'2017. 

Overly risky to call a floor here though... the Tuesday open will be pretty interesting!

Metals still building gains.... the old 'fear bid'... Gold +$17