2pm update - the struggling market

US equities break a fractional new intra low, having cooled from a bounce high of sp'1848 to 1831. VIX has naturally broken a new high, +16% @ 27.25. The USD is on the slide, -0.3% in the DXY 96.60s. Metals are catching a strong fear bid, Gold +$23, with Silver +2.5%.


sp'60min

UUP, weekly

Summary

Well, it sure ain't great... and Yellen is still another NINE trading hours away.

It remains merely a case of whether 1812 holds by Wed'10am... or a major fail... to next big support in the 1750/25 zone.
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notable weakness... BAC, daily

Next key support is not until the psy' level of $10.00, and that is another 19% lower.

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back at 3pm