3pm update - weakness into the weekend

US equities remain moderately weak, sp -16pts @ 2092, with VIX +7.8% @ 13.7%. USD is back to flat @ DXY 95.00. Metals are in minor chop mode, Gold u/c, with Silver -0.7%. Most indexes look set to close with moderate net weekly declines.


sp'60min

sp'weekly

Summary

*a pretty hot day in the city... enough to send me asleep, but I'm awake now, and realise its not actually 8am on a Saturday morning. Urghh
---

Well, we're set to close lower... the only issue is whether an extra wave lower in the closing hour... which does seem probable.. with sp'2080s and VIX 14s.
-

notable weakness: INTC -1.7%
-

3.35pm... notable strength: airlines, DAL/UAL, both higher by 1.0%.... no doubt the lower oil prices are helping.


3.51pm.. price structure is a micro bear flag on the 5/15min cycles.... the setup is BEARISH for the Monday open.

back at the close.