Good morning. Futures are moderately lower, sp -4pts, we're set to open at 1681. Precious metals are a touch weak, whilst Oil is -0.5%. Facebook is set to open +23% in the mid $32s. Bulls can look forward to a large QE-pomo of $4bn to help turn this market back upward.
So, it looks like we'll have some slight follow through to yesterdays small decline. Is this all part of a sub'4 wave?
As ever, we'll only know for sure in retrospect, and probably not until the middle of next week.