3pm update – into the close

US equities are leaning weak, set for net daily declines of some degree. VIX is slowly increasingly from 13.71

sp’60min

VIX’60min

Summary

S/t momentum is due to turn negative.
A daily close <4465 would be decisive, and provisionally confirm structure of a bear flag that spans four days. Basic target has to be the August low of 4335.


notable stock: AAPL

The ‘event’ is out of the way, with the stock set for sig’ declines.

notable stock: MSFT

A key stock on the edge of breaking s/t rising trend.

notable strength: F

Hopes the strike won’t occur. Its an overly optimistic view.

notable stock: TSLA

Yesterday’s hysteria about the upgrade from MS is starting to fade.

back at the close…