2pm update - sunshine for the bears

US equities remain broadly weak, and with two hours left, the market has another viable down wave into the close. A test of the 200dma - currently around sp'2015, seems very viable this Thurs/Friday.. along with VIX 18s. Sustained action <sp'2K and >VIX 20 look out of range in the current initial retrace.


sp'60min

VIX'60min

Summary

Little to add.

Lets just see how we close... which will surely be a red one!

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Here in London city...

Another perfect spring evening.. to end a somewhat bearish day :)