3pm update - net daily declines

Regardless of the exact close, US equity indexes are set for significant net daily declines, with a likely close in the sp'1945/30 zone.. with VIX 22/23s. There is high threat of a Wed' gap lower to the 1900 threshold... and on any break... next stop would be a test of the 1867 floor.


sp'15min

vix'15min

Summary

... standing by... as it does not look viable for any further bounce...
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2.58pm... SHORT the market.. via SPY'.. from sp'1934....

3.03pm.. LONG-VIX.. from the 23.40s.
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3.13pm... SHORT AAPL, INTC.

*so.. four short-market positions... and I am done for today.
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3.20pm.. VIX holding the mid 23s... daily cycle is offer 28/30 zone this Thur/Friday... 


3.31pm.. well, there is sp'1940...     market playing the same game like yesterday? Climb into the close.. and then gap lower at the Wed' open?

Regardless, I've done what I can.. now I wait for sp'1900... and lower.