Futures are sagging once again as they test our latest downside target to be tagged.

One has to wonder how much ground will need to be given up in order for consumer confidence to drop back below 100.

Note that the Dow is testing its 200-day moving average – always an important threshold when it comes to investor confidence.continued for members…  VIX continues to test its SMA200.Note that all the currency pairs we track have now reached our next targets.

GC and SI are balanced on top of important support. CL is at or near a top and RB is seemingly breaking down.