Good morning. Futures have swung lower overnight, sp -7pts, we're set to open around 1683. Precious metals are weak, Gold -$9, with Oil -1.4%, despite a weak USD, -0.3%.
sp'60min3 - broad outlook/count
Summary
So, we're set to open lower, although so far, we're not going to break yesterday mornings lows of 1680.
Best bears case is a break into the 1670s, but I can't see any lower than that.
Frankly, considering the last 4 weeks, the bulls should be content with any close in the 1690s.
*the only econ-data is consumer sent' @ 9.55am, perhaps the market will use that as an excuse to ramp off the opening drop?
Notable movers so far: EXPE, PCLN, lower by 23% and 3% respectively.
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