11am update - minor wave lower

Not surprisingly, the market volatility continues, with a retrace of the powerful opening gains underway. There will no doubt be further down swings in the days ahead.. but broadly.. .we're likely headed to the big sp'2000 threshold. Mr Market will want to grind those shorts OUT into the FOMC, before next opportunity of a down wave.


sp'15min

Summary

No doubt a fair few bears are already screaming 'see!.. we're already fading away'.

Thing is, those same people were touting the end of the world last week, instead, we've merely put in yet another higher low.

notable weakness: NFLX -3% in the $95s..... ugly!

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I've eyes on DIS... and will almost certainly be leaving AAPL alone (long side) for some weeks.

DIS, 15min

DIS looks a viable short term long into FOMC week. First target is the 105/106 zone.. and considering we were in the 103s already today.. that looks an easy target.

All things considered, things are looking on track.
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*notable stomach churning warning...

Ms. Quick with Buffett.. 11.30am EST.. clown finance TV.. channel'1.
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11.42am... sp'15min

Best guess... 1945/40 zone or so... then back UP