Despite a number of attempts to rally, equities remain moderately lower, sp -10pts @ 2089. USD is holding powerful gains, +1.4% in the DXY 99.20s. A monthly close (whether Nov, Dec.. or Jan).. above the DXY 100 threshold looks a given... and has a great many implications for 2016.
It remains a bit messy, but broadly.. the underlying weakness is there.. a weekly close in the 2070s would be useful to the bears.. and offer clarity that we'll get that retrace to the 2020s.. where the 50dma will be lurking by Nov' opex.
notable strength: BABA -4.6%, as Jim Chanos is reported on CNBC that BABA is a target short.
Brief look at US bonds... via TLT, weekly
A net weekly decline of around -3%... conclusive break of rising support. The bigger monthly cycle looks ugly.. first grander target is the 100/95 zone.