Time for all Longs to assess their holdings.

Biotech has been a counterweight to Oil & related Energy name weakness all A.M.

EUR/JPY held a big technical level, led by Euro strength.

VIX…13.80 is 200 DMA resistance. Look to match this Vix high up with any sell off later in the day in the Equity Indices.

Pay close attention to any profit taking in the Biotech names later in the day, for this will lead to a broader sell off late day in the Indices.