Premarket sell, if bulls don’t appear soon we might see a considerable selloff today: the data from china, taking profits and now the stops triggering is something new this market in a while.
Wall Street to open lower on Ukraine unrest, weak China data
Gold has broken on the upside. It is worth careful watching if there is a follow through to the early strength. Gold often stages false breakouts.
Interest rates are at their lows.
Oil is range bound.
Gold futures are at $1313, silver futures are at $19.61, and oil futures are $99.64.
S&P 500 resistance levels are 1875, 1900, and 1925; support levels are 1850, 1837, and 1825.
DJIA futures are down 87 points.
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