11am update – prone to bouncing

US equities are bouncing, with the SPX having put in a spike floor from around the 50dma.

sp’60min

VIX’60min

Summary

SPX to recover to close -30pts ?
There are buyers out there… not least in….

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notable semicon: INTC

Psy’50 has been printed, and onward to the 58s.
Earnings due Thurs’ AH
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notable weakness: AAPL

Lower with the main market.
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notable resilience: NKE

The bold will be buying, with a stop from the December $56s
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notable miner: NEM

Powering upward.