US equities open fractionally higher, but there is a rather clear reversal underway.. not just in equities, but all over the place. Most notable of all, Gold has swung from +$25 to +$5, with a rather stark black-fail spiky candle. Oil has imploded from gains of almost 2% to -1.0%.
Finally.. we have a BREAK of short term rising equity trend.
There will be support around sp'2090... but the door is now open to the 2065/61 zone by late tomorrow/Monday.
The 2050s look out of range until AFTER the FOMC next Wed' 2pm.
We have an interesting day underway :)
10.01am Leading indicators +0.2%... a slight miss... with prior months revised lower.