Crude oil is down 4% and stocks slide to lows

Crude oil down 3%. USDCAD tests 200 hour MA.

The price of the Crude oil futures are trading below the $30 a barrel and at session lows (low at 29.38 - down 4.1%). That has helped to push stocks down with the S&P just making new session lows at 1902.17 (down about -0.68% currently at 1905). The Nasdaq is down about 0.36% - actually doing a little better than the S&P today. The Dow is down -0.72%.

The price of the USDCAD is higher with lower retail sales and lower oil weighing. However, the pair has not been able to push materially above the 200 hour MA at 1.38349 with much success.