2pm update - time for a fed book

US equities remain moderately lower, with a bounce having got stuck around the natural psy' level of sp'2100. Renewed weakness into the daily close looks probable. Primary downside target remains sp'2065 with VIX 17s. Metals remain weak, Gold -$2. Oil has re-built gains of 1.2%


sp'60min

Summary

Lets see what the algo-bots make of the latest fed book.

*keep in mind, the ECB tomorrow... along with a wheel barrow of econ-data...  price action should remain somewhat dynamic into the weekend.
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In far more important news... we have a third trailer for Avengers 2. I'd suggest full screen, with a glorious res' of 1080x.



Bullish DIS, but then you regular readers will be well aware of that.
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2.07pm.. Fed beige book... not surprisingly pretty bland... market unable to jump higher.

Seeking broader weakness into the daily close.... not least as the market will be somewhat twitchy ahead of the ECB.