Midday Missive

Googl & IBB are trying to keep the market from imploding.
GOOGL… today’s hold and meltdown level is 680.
IBB…today’s hold and meltdown level is 361.50.
Yen...confirms a tradable low with a close above 8061 in the Futures.
124.50 USD/JPY.
XLU…44.97 is the 200 DMA.
The cash Spu vs volatility chart shows the Equity Index is a long way from a potential buy level. The current level is neutral.
The reading has to get to the lower line to start bottom picking for a longer time frame.
AAPL…you should be flat this position.
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