Little to add.
Typical turn time is 2.30pm... perhaps the bears will start to show increasing downside power from that time.
VIX is holding minor gains of 1.4% in the 13.40s... a daily close in the 14s would be very useful.
With the loss of $32, we now have a bearish engulfing candle on the daily.. a break under the flag looks highly probable next week. If correct, it bodes in favour of downside for the broader market.
meanwhile.. it is a rather nice evening in London city...
|Blue skies for the bears|
2.30pm.. The rats are already starting to get twitchy ahead of the weekend... sp -8pts @ 2112.. with VIX 13.60s..
.. its just starting to get a little interesting.