US equities remain under pressure from the continuing collapse in Oil, currently -6.2% in the $37s. For now, there is no sign of a floor, and equities are clearly being restrained from seeing a rebound. A daily close in the sp'2080s looks a little difficult... the real issue is whether <2066 in the closing hour.
sp'60min
USO'daily2
Summary
A real train wreck in the Oil/energy sector, but its not just there.. as the miners are similarly under severe downward pressure.
notable weakness...
ETF of GDX -4.8%, as Gold -$13, with Silver -1.6%.
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One solice to the equity bulls... the 200dma is so far holding (2064)...
