Correction Territory

I'm sick and tired of you setting me up, yeah
Setting me up
Just to knocka, knocka, knocka
Me down
--Bruce Springsteen

Futes melted in the hour or so before the open, leading to a weak open. SPX now in 'correction' territory.

Pretty oversold in near term. Snapper (snapback rally) around here to relieve some selling pressure would be intuitive.

Meanwhile am picking away at pockets of perceived value. Also continue to build miner positions as it feels like opportunities to do so are becoming, uh, precious...