The S&P 500 is down 13 points to 1865, eating away all of this week’s gain. Support is scattered until the 55-day moving average at 1853.

The near-complete lack of correlation between stocks and FX is starting to get frustration. USD/JPY is virtually unchanged since the start of US trading at 102.03. We might see some heavier selling on a break of the 101.96 session low.

SP 500 15 minute including weekly open

SP 500 15 minute including weekly open