SPX appears to be challenging the hourly mid-Cycle support at 2077.73 in the Premarket this morning.
ZeroHedge writes, “Following yesterday’s proof-positive that "everything is awesome," today (and overnight) we find, everything is not so awesome. Following the unleashing of The Warsh on , markets are starting to turmoil. Crude has erased all its late-day ramp and then some dropping back to a low $47 handle. German Bund yields just hit a new record low (2Y at -25.7bps!). US equity markets have erased all of yesterday’s post-open gains, and US Treasury yields are dumping as the Euro surges…”