1pm update - natural bounce

US equities are seeing a natural intraday bounce from a morning low of sp'2070 (with VIX 15.96). Once the FOMC minutes are out of the way, the way is clear for the equity bears into the weekend. Primary downside are the sp'2050/40s, with Dow 17000, and that should equate to VIX 17/18s.


sp'daily5

Summary

Little to add.

Natural bounce... into the fed mins in 1hr... we'll likely max out around 2.15/30pm

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I've eyes on picking up an AAPL short...

15min cycle

Standing by to get involved after the FOMC mins at 2pm.