3pm update - falling into the close

US equities continue to weaken, with the sp'2100 threshold set to be broken early Tuesday... with a downside target zone of 2095/90... along with VIX 14.50/15.00. Broader trend remains bullish. Metals remain a little weak, Gold -$5, but with a viable jump higher at the Tues' open. Oil is weak, -0.4%


sp'60min

VIX'60min

Summary

Clearly, a moderate retrace continues.. and it does look like there is a reasonable probability of the 2095/90 zone tomorrow morning.. which should make for a floor.

On any basis, the sp'2140s - as offered on the weekly cycle, remains a valid target within the near term.
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notable strength: NFLX +3.3%... underlying relentless upward power.

*I will have eyes on another GLD short tomorrow morning... maybe Gold can jump $10 in early morning.. which would make for an attractive re-short level.

In any case.. today has been.. fine.

back at the close.