US equities continue to see some weak chop.. with the sp' so far hitting 1949. Further weakness to the 1947/45 zone looks easily viable.. before the market stabilises into the late afternoon. Metals are a touch lower, Gold -$1, whilst Oil is holding around the opening decline, -1.2% in the $44s.
Little to add.
There is no real downside power.. that should be clear to everyone.. ahead of the Fed.
The bigger daily/weekly cycles threaten the sp'2000s before next opportunity of a rollover.
I've eyes on DIS...
102.99 hit earlier... but I didn't like the time frame... still waiting for another micro wave lower.
time for an early lunch
11.32am... almost there........
DIS -$1.00 :)