US equities are choppy, if battling to re-build moderate gains. VIX looks due the 16/15s.
sp’60min
VIX’60min
Summary
This morning’s price action is reflective of sellers into every bounce.
For now, a micro secondary push upward.
Resistance… upper bollinger 5055.
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notable stock: TSLA
Very choppy… with the initial bounce faded into.
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notable miner: FCX
Lower with copper, but the latter did break a new cycle high of $4.55, as an increasing number are looking for >$5.00 this year.
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notable strength: F
I see no news. Earnings due Wed’ AH
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notable miner: PAAS
The prior three black candles have played out.
Another miner with a hollow red reversal candle.