Futures continue to vacillate about the 50-day moving average as algos grapple with incomplete and contradictory economic data. According to the Census Bureau, retail sales for November will be released “at a later date.”
Dropping through the SMA50 (6765 for SPX) would be problematic for the bulls.

VIX has reversed course again, retreating back below the purple channel it has broken out of several times over the past two months.
Currencies remain muted, with the euro and the yen both reversing yesterday’s moves and lending a bit of strength to the DXY.


Oil and gas have bounced after yesterday’s trouncing, with RB still technically broken down.

The 10Y is unch, leaving the 2s10s at 66 bps.
GLTA.


