11am update - failed break

US equities remain net higher, but there is currently a clear failed break above declining trend/resistance from an early high of sp'2062. The hourly cycle is on the high side, and a net daily decline is now on the menu. Still... the equity bears have a lot to do... just to build a buffer zone from the key mid term high of 2075.


sp'60min

VIX'60min

Summary

*note how the VIX held the short term upward trend.. whilst equities broke (but failed to hold) above.
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Well, I'm trying to get some things done today.. am just checking in near the top of each hour. I don't wish to get lost amongst the minor noise.

Suffice to note.. its fractionally interesting right now, but the fact we haven't already broken into the 2010s.. is increasingly annoying.

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time to shop...  back soon