Oil…closing below 92.65 puts the entire board in a defensive mode.

Equity Indices…you’re seeing no help from the financials after reaching their upside tgt’s.

The rest of the day will be a time frame trade. We’ve seen this type of weakness for days going into London’s
close and then the Bots take over and run the Indices back up.

What’s bearish? The high in the TBT is the 200 day.
TBT back over that level will be Bullish Equities.

Weekly options expire this Friday in the Equity Index Futures…
Punters paradise…If you want to take a shot one way or the other…this is cheap look central.