10am update - opening weakness

Equities open a touch weak, with the hourly cycle offering sp'2100 this afternoon. USD is clawing higher, +0.2% in the DXY 97.50s. Metals are weak, Gold -$5, whilst Oil is seeing sig' weakness, -1.5% in the $56s.


sp'60min

vix'60min

Summary

Well...  the setup is there.... now its simply a case of whether the bears have any sustained power to resume the downside we saw on Tuesday.

Commodities are naturally under particular pressure as the USD is threatening a jump into the DXY 98s later today.
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notable weakness: energy stocks, RIG -3%, SDRL -4%...as Oil continues to fall