2pm update - minor bounce

US equities are seeing another vain attempt to bounce into the typical turn time of 2.30pm. A net daily decline still seems highly probable... along with VIX in the 16s. Gold is holding sig' gains of +$20. Oil +4.7% in the $49s.


sp'60min

VIX'60min

Summary

Little to add.

Typically, market will max out on a bounce around 2.30pm.. and then rollover into the close.
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Notable weakness: F, -1.3%...  with most transports stocks having real issues today.
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2.28pm .. Well, its time for a turn...

Price structure on the smaller 15min cycle was a bear flag... looks like we're already on the way down.