3pm update - weakness into the close

US equities continue to slowly, but consistently unravel, with the sp' lower by a significant -25pts, at 2088. A daily close in the 2090/85 zone - where there are a number of aspects of support, seems probable. Metals are holding moderate gains, Gold +$4. Oil is set to close higher by a sig' 2.5%


sp'60min

Summary

.. pretty interesting day, finally the bears look set to achieve some sig' net daily declines.

I'm a little surprised we already reached the 2090/85 zone.. which seemed more likely tomorrow than today.

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*I continue to watch the Gold... but will hold off for today... another gap higher looks viable tomorrow.

15min

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updates into the close. esp' if we fall <2085.
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3.35pm... Hmm, sp' 2092... a minor up wave... but it'd seem another wave lower is due in the closing 5-10 minutes.

notable weakness: DISCA -1.6%... after good earnings... but market still not happy as there are 'strong dollar' issues with this intl. company.