3pm update – into the close

US equities continue to slip, for what is just a retrace of the past four days of gains. VIX has picked up… if only to the 26s. USD is holding moderate gains of +0.5% in the DXY 93.50s.

sp’60min

VIX’60min

Summary

At best… maybe the mid 3400s, with purple gap, before resuming upward.


notable stock: AAPL

The ‘event’ was interesting. I like the iPhone mini.

notable strength, DIS

Sig’ gains for Disney on hopes of a grander shift to home streaming. Black candle … is a problem.

notable financial: JPM

An ugly bearish engulfing candle… from the 200dma no less. Not good!

notable weakness: BAC

A reversal from just under the 200dma. Earnings due early Wednesday.

back at the close…