The S&P is down 13 points to 1831 in early trading while the Dow has lost 152 to 16165. The Nasdaq is off 28 to 4214.
Gold is running up to the August resistance line once again as the early year optimism uses up its last breath.
Gold daily chart 23 01 2014
The next potential nail in this particular coffin comes via US existing home sales, US leading index and EZ consumer confidence.
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