US equity indexes are significantly lower, with a break into the sp'2030s highly probable this afternoon.. along with VIX 16s. More broadly, the 2020/10 zone - where the 200dma is lurking - with VIX 18s, looks a realistic target before the weekend.
sp'60min
VIX'60min
Summary
Little to add.
It really is just a matter of how low we can close today.
Equity bulls should be seriously spooked that yesterday's gains are now fully negated... and we're set for at least another 1% or so lower.
yours truly wants to close OUT before the weekend.
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ps. Denniger of Market ticker is alluding to some targets... see HERE
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stay tuned!