4.8.12 Sunday Evening US Futures look ugly BUT

by John Galt
April 8, 2012 20:00 ET


A quick heads up:

US equity futures are averaging a decline between 120-140 Dow points at the open, 15-18 S&P 500 points.

(Quotes from FINVIZ.com)

Gold is also anticipating a weak US open but not with the type of dramatic move one would expect:

(Quote from FOREXPROS.com)

Depending on how China and Europe behave, tomorrow could be very interesting or more than likely a sharp opening decline followed by a weak rally recovering half of the losses. Regardless of the close of the US equity markets, the spin masters will be in full rotation tomorrow before the market close.

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