Equities are poised to open lower and continue their recent down trend - the dollar is trading up .6% at 76.9 and that continues to be the leading headwind to higher equity prices.
Energy prices and gold also lower before the 9.30 EST open.
The RUT, which was a big winner earlier has give back half its gains over the last few weeks - at its highs it was +25% and now is up about 12.7% while the SPX was +22% and now at 15.5%.
The NAZ continues to be the big winner - +29% on the year after being up as much as 39% about 2 weeks ago on Oct 21.
Bottom line - the drop off since the highs of a few weeks ago has been pretty dramatic.