The real action is happening in currencies: the US$/Euro broke below its support level (resistance for the Euro). Not sure how and even if equities will react to these moves.
Gold is moving higher, more on the US$ weakness than on the continuous missile firing in Asia.
Not much change on the NQ8 or in the small caps yesterday.
The small caps are outperforming, but I doubt this carries any significance in the current context of a very dull market.
Conclusions:
A dull market remains dull until an external event shakes everyone out of their stupor.
Overnight weakness could be pushing markets more into the red if there is a general belief that Trump will want to "make America great again" by starting a shooting war with NK.
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PS: There will be no comment tomorrow as I will be going on a small day trip.
