2pm update - time for a fed book

US equities remain a little higher, but the recent upward trend from sp'2044 is looking exhausted. A retrace remains due, back under the sp'2100 threshold, along with VIX 15/16s. With the USD +0.5% in the DXY 97.10s, commodities are under pressure, Gold -$6, with Oil -2.2%


sp'60min

VIX'60min

Summary

*the two leaders - Trans/R2K, are already red, both lower by around -0.3%, and are probably warning of trouble for other indexes tomorrow.
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... lets see how the algo-bots react to a few pages of fedspeak on the US economy.
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notable weakness, oil/gas drillers, RIG -3.4%, SDRL -4.5%.. as energy prices under pressure.

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Meanwhile... the skies remain murky in the city

Bearish skies.. filled with cranes

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stay tuned