US equities remain broadly weak, and are still well within range of breaking the Friday low of sp'2052 before today's close. A test of the 50dma - around 2040/38, looks highly probable in the near term. VIX is +7%.. and is still relatively low in the 15s.
sp'daily5
VIX'daily3
Summary
Little to add.
Now its merely a case of whether we close weak... or see another dumb closing hour ramp like Friday. Considering the bigger daily/weekly cycles.. we should lean weak.
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notable weakness.... STX, daily
Ugly as hell... now under the psy' level of $20... the $10/7s look due.. if sp'1600s.
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time for some sun.... back at 2pm