3pm update - weakness into the close

US equities have again tried to rally, but the hourly/daily cycles are suggestive of broad weakness into both the Thursday... and the weekly close. VIX looks set to close a touch positive. Metals remain weak, Gold +$1. Oil remains broadly weak, -1.7%, battling to hold the $50 threshold.


sp'60min

GLD, daily

Summary

A somewhat tedious day.

A moderate threat of a little wave lower into the close, but regardless... Friday should offer a real chance of a move into the sp'2070s.. along with VIX 16s.

Right now, the original target of 2065 with VIX 17s looks out of range until next Monday.
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Notable weakness: LL, -5.8%.... on its way to $0.00