11am update - remaining weak

US equities remain weak, although clearly.. some of the bull maniacs are still in buying mood. Broadly, the market should continue a run to at least the sp'2020/15 zone - with VIX 18s, within the next few days. With market weakness, the metals are catching a bid, Gold +$12, with Silver +1.2%.


sp'60min

VIX'60min

Summary

*yes.. the early bounce concerned me... if only for a few minutes.
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Broadly... the market looks set for a second net daily decline.. the only issue is whether we settle in the sp'2040s.. or 2030s. Considering increasing downside momentum... the 2030s look viable, if not probable today.

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time for an early lunch
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More good news for US manufacturing workers...

I would imagine Trump will have something to say about that.