November PPI came in above estimates at 0.8% for the month and 9.6% for the year – the highest print since data were first calculated in November 2010.

Futures are not amused.

Several downside targets should be tagged this morning.

continued for members…The equity picture is unchanged.

Oil and gas have been dinged, but haven’t yet broken down.

While USDJPY hasn’t budged. Gold and silver are getting slammed pretty hard, though, with SI creeping up on our 21.51 target. And BTC is still clinging to its SMA200. Only 6 more days until its cloud turns red…

Ten year yields are slightly higher, though the 2s10s are slipping closer to our .68 target.

more later…