US equities have seen a rather significant bounce, but that is almost certainly what it is. VIX has cooled from 21.41 to the mid 19s.
sp’60min
VIX’60min
Summary
Clearly, bears should be seeking another wave lower before the close.
I’d be more focused on the VIX, as a daily close >20 appears probable.
–
notable stock: TSLA
Tesla is struggling… relative the late morning main market bounce.
–
notable fin: JPM
Choppy, if still net lower.
Note the 200dma… around the Aug’ low.
—
notable strength: RKLB
News: new COO… ex Rivian director Klein.
—
notable steel: CLF
Day TEN down…. the horror