S&P 500’s technical backdrop takes tenuous turn

Though the market technicals haven’t formally cracked, the U.S. markets are off to a tenuous 2015 start.

The U.S. stock market, as tracked by the S&P 500 SPX, -0.89% is down almost 3% in 2015 to date as investors worry about crude oil’s crash and Greece’s problems. February gold, meanwhile, is up 3%.