S&P 500 futures down 30 points to 1886
It's going to be a bloodbath at the stock market open as questions about the US economy begin to surface.
Cash closed yesterday at 1923 and it will probably fall below 11900 at the open. There isn't much to watch in terms of levels until 1867, which is the life-and-death line for the stock market.
By the same token, USD/JPY has carved out a lovely wedge pattern over the past 6 weeks and it looks to be cracking on the downside so that might be a taste of what's to come.
It's been a rocking market for the past few weeks but it might time to crank the heavy metal.
