12pm update – cheerleader time

US equities are very significantly lower, as mini rallies are being sold into. Next support are the 3230s… if they fail to hold, it will offer psy’3200 into the weekend/monthly settlement. The 200dma in the mid 3100s isn’t far away now! WTIC prints $35.23, with next support of 32/30.

sp’60min

VIX’60min

Summary

Suffice to add… Monday, Wednesday, and Friday… all very bearish, as the mid sp’3100s are on track.


notable Dow component: MSFT

The Sept’ $196s set to be tested.

notable stock: GOOGL

Even Google is now sporting a black candle, pressured by the main market.

notable weakness: SPOT

A third day lower. Major support psy’200/190s.

Time for lunch… and to check on the cheerleaders…