US equities have got stuck at sp'2102.. with renewed downside to 2093. A break under 2090 will open up at the 2075/70 zone by the Friday close. Metals remain exceptionally weak, Gold -$21, with Silver -2.9%. Oil is holding borderline sig' gains of 0.9%.
sp'60min
sp'daily5
Summary
*note the lower bol' on the daily cycle.. along with the key low of 2072. If 2090 fails.. then we'll likely fall into the close.
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Eyes on the VIX.. which is on the edge of breaking a new intra high (>14.53). Daily cycle is offering the 15.00 threshold by the close.
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notable weakness: AAPL -2.6% in the $125s... next sig' support is around $122/20.... and with the trend as it is, it would be indirectly supportive of sp'2070s.
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As for what I'm doing, well, I don't like much of anything at these levels.. least of all... Oil.. or the Euro.
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*VIX breaks the morning high.... with sp'2091... looks like the 50dma will not be held.