Good morning. US equity futures are a little higher, sp +2pts, we're set to open at sp'2005. USD continues to cool, -0.2% in the DXY 94.50s. Gold -$1, with Oil +0.1%.
sp'60min
sp'weekly1b
Summary
Not much to add. There is clearly moderate threat of a brief foray to the sp'1990/80s, but really.. that is probably the best the bears can get in the immediate term.
Certainly, I don't expect any sustained action under the weekly 10MA... before we first test the 2040/60 zone.
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early movers..
INTC -2.2%, post earnings
JPM -1.4%, earnings
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Doomer chat, Hunter with Ackerman
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Have a good Wednesday