11am update - morning cool down

US equities have quickly cooled from the opening high of sp'1988 to 1969... with AAPL being a leading warning of what is only 'minor trouble'... as part of broader upside into the FOMC. Oil is -1.0% in the $45s, but looks highly vulnerable to breaking upward to the $50 threshold.


sp'60min

USO'60min

Summary

*after some overnight consideration.. and with price action/structure as it is, I'm long Oil - via USO from $14.82. It is a micro sized position. I have little interest in being heavy long.. or short.. ahead of the Fed.
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Little to add.

No doubt the media will be prepping for their love fest at the AAPL tech meetup.

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time for some sunshine... back at 12pm