Dow Breaks Below Critical Support As Stocks Give Up Day's Gains

Small Caps are leading the day's losses but since Kudlow admitted the "no retreat, no surrender" policy on China, markets have gone south, the yield curve has flattened... and the dollar AND oil have exploded higher??

(Click on image to enlarge)

The Dow is back below its 200-day moving average...

(Click on image to enlarge)

VIX tagged 18.00...

(Click on image to enlarge)

And the yield curve is collapsing to fresh decade lows...

(Click on image to enlarge)

The Dollar is spiking...

(Click on image to enlarge)

Meanwhile, WTI topped $73...(up from $63.42 a week ago)

(Click on image to enlarge)