1pm update - are you excited yet?

US equities remain in a holding pattern, with the sp' again coming within a point of the big 2000 threshold. VIX remains subdued in the 21s...  a loss of the 20 threshold looks due.. regardless of any initial upside jump. Metals are weak, Gold -$2, with Oil increasingly under USD pressure, -1.4%.


sp'60min

USO'15min

Summary

... little to add.. 

Enjoy the quiet time... before things get somewhat wild.

*I have eyes on Oil as a possible long on any initial post-FOMC snap lower. 
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back just before 2pm