12pm update - continued moderate chop

US equities remain moderately weak, in what is so far a choppy final day of the month. VIX remains notably strong in the upper 20s. The 30s look a given, with viable 'brief' upside to around 35. Oil has seen a very strong upside reversal, +3.5%.


sp'60min

VIX'60min

Summary

Little to add.

I've no idea - other than a short-stop run by the algos, for the move to almost green on most indexes.

Broadly, we should still fall across the next few days... ahead of the jobs data.
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EU market monthly closes

A few of the strong net monthly declines..

As usual, I will cover the EU.. and other world market monthly cycles this coming weekend.
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VIX update from Mr P.


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time for tea... or something stronger