US stock futures point to a wipe-out of yesterday’s gains

Futures lower

S&P 500 futures are pointing to a 34 point loss at the open, wiping out most of yesterday’s 43-point rally.

Commodity currencies are under fresh pressure and at session lows as sentiment deteriorates.

Aside from US markets, I have been closely watching the DAX chart and the breakdown below the 200-day moving average today isn’t promising.

Futures lower

Source link