US equities closed significantly lower, sp -49pts at 1881 (intra low
1879). The two leaders - Trans/R2K, settled lower by -2.2% and -2.9%
respectively. Near term outlook offers a brief bounce to the 1900/1910
zone.. before very high likelihood of a move to sp'1820 by Thurs/Friday.
sp'daily5
R2K
Summary
Most notable aspect of the day... the R2K, which has taken out the Aug' low of 1100... and is now on a fast path to the Oct'2014 low of 1040.
R2K @ 1040 would equate to sp'1820.. both of which seem due some time between Wed-Friday.
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a little more later...
