*ongoing weakness in commodities is putting some distinct downward pressure on the broader market.
Perhaps somewhat appropriate, a Panda bear opens the market on this Friday 13th...
|Bearish open at the NYSE|
From a cyclical perspective, the smaller 15/60min cycles are offering choppy weakness across today.
Best guess.. a weekly close in the 2050s.. with further weakness next week.
Other than a few individual stocks - such as BAC, the outlook is still for the market to hold above the sp'2K threshold.
back at 11am