11am update - minor chop

US equity indexes are in minor chop mode... leaning on the bullish side, sp +1pt @ 2090, with a subdued VIX, -3.5% in the 15.30s. Oil is recovering from earlier lows, -0.9%.. with a clear reversal candle.. suggestive of upside to at least the $45s by early next week.


sp'60min

USO' daily2

Summary

*the reversal candle in Oil is pretty strong right now... any positive close would bode for sig' upside across the next few days.
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Suffice to add.... its time for an early lunch :)
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back soon.