No messing about in the opening round of today’s fight. The S&P is down 13 to 1867. The Dow sheds 117 points to 16395 and the Nasdaq cuts 31 ticks to 4092.
Support in the S&P comes in at 1850 after last weeks little drop-ette.
S&P daily chart 05 05 2014
So far the buck isn’t following as futures were painting the picture early.