US equities have broken a new intra low of sp'1929... but still look vulnerable to clawing back into the 1940s.. before renewed weakness into the close. Broadly.. the 1860/20 zone looks a given by end month.. which should equate to VIX 40/45.
sp'15min
vix'15min
Summary
Little to add.
The smaller 15min cycle remains offering the 1940/45 zone in the 2pm hour.
Frankly, that is probably the best short-level I expect right now... and I'll likely get heavily involved this hour.
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Updates across the rest of the day.. not least if I start hitting buttons.
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2.18pm.. sp '1934.... still time for 1943/45 or so....
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2.25pm.. notable rebound in Oil... almost net higher. Someone buying from 1.30pm onward.
2.34pm.. sp'1937.... best guess 1941/43... then stuck.
standing by.