11am update - time for a late morning turn

US equities continue to slip, with the sp' in the 1930s.. along with VIX 23s. There is high threat of 3 hours of bounce/recovery into the afternoon. Broadly though, the opening break is key, and the outlook into early Oct' should now be clear.. at least to those not wearing a cheerleader uniform.


sp'15min

sp'daily5

Summary

I'd be surprised if we don't floor about now... with a good 2-3 hrs where the market will try to floor.. and claw higher.. probably into the 1945/50 zone

The hourly 10MA will be strong resistance.. and will likely be around 1950 by 2pm.

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*I am on the sidelines... I've multiple targets to short... on the next intraday bounce.
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stay tuned!
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10.58am.. provisional sign of a floor from sp'1932.    Upside target would remain 1945/50 zone by 2pm.
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11.28am... Still battling to build a short term floor...

sp'15min

A daily close <1950 looks probable.