11am update - morning rebound

With no sig' downside power, the bull maniacs have already managed to turn most equity indexes fractionally higher. Key resistance remains around the sp'2100 threshold... a mere 0.5% higher. VIX saw an opening hourly black-fail candle.. reflective of bearish exhaustion.


sp'60min

VIX'60min

Summary

Suffice to say... a truly lame opening 90mins for the bears.. as especially reflected in the VIX.
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notable strength: miners, GDX +2.3%... as Gold holds minor gains of $3.

weakness, oil/gas drillers, RIG/SDRL, both lower by -1.5%.. as Oil battles to hold +0.5% in the $42s.