Tom Demark was on Bloomberg and announced a sell signal for the markets.

It’s a great technical area to buy some portfolio insurance again.

Of course there are always a few names bucking the trend however we’re at another mid week extreme. NFLX,FB GOOGL, PSX & COP

Yen has broken into support @ 82.48 and is now catching a small bid with an early risk off board.

So far today is starting out like yesterday with weakness in the afternoon session in London.

Spu’s will have to get under 1968-72 and stay under 1972 in the afternoon to not see another rebound like yesterday.