12pm update - another hour closer

US equities continue to cool from the earlier high of sp'2059. A post FOMC flash down to the 2025/20 zone remains highly possible.. before surging back upward. Metals are holding gains, with Gold +$13. Oil continues to decline, -3.5% in the $35s... after a 4.8 million barrel inventory build.


sp'daily5

Summary

Little to add.

Two hours away from what is rather important press release.. but don't forget the subsequent press conf'.. in which the market might surge on Yellen comments.

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VIX update from Mr T.




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time for tea