The hourly equity/VIX cycles both favour the bears for the rest of today, and probably the early part of Tuesday also. Further weakness to the sp'2100/2090 zone looks due, with VIX of 14.75/15.00. Metals remain a little weak, but seemingly susceptible to turning positive, Gold -$4
sp'60min
VIX'60min
Summary
Little to add.
Further equity weakness/VIX strength looks due into the close... with a gap lower tomorrow morning... if minor.. and likely... it won't last long.
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notable strength: NFLX +3.0%. Bullish 'Sense8' :) due June 5th.
As usual, NFLX will release the whole season all at once on a Friday night.. so it'll be weekend binge watching for those interested.
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2.16pm.. sp'2109..... melting toward 2100... and probably 2090s tomorrow morning.
Gold continues to trade inverse... a fractional net daily gain is just about possible.. I will look to re-short tomorrow morning. .which should sync with an equity floor.