S&P and Nasdaq in the red now. USDJPY wanders back lower on disappointment perhaps.
The US stock indices opened higher but have reversed course and are trading negative for the S&P and Nasdaq. The Down is clinging to a small gain.
The S&P traded as high as 2271. It trades at 2265 currently - down 3.24 points
The Nasdaq traded up to 5498 but is now at 5481 - down 5.94 points
The Dow got as high as 19981 but is trading at 19947, up about 3 points.
The USDJPY has rotated a little to the downside and is looking to test the 200 hour MA at 117.61. The 100 hour MA is at 117.48 and was the floor for traders in the London morning session (see chart below). A move below each of those MAs would be more bearish for the pairs.
