Longer Term Point & Figure shows you need under last night’s Globex low of 1960.50

for a big break down to occur.

Short term P&F resistance is into 1978-79.

We’ll have to await the afternoon trade.

For further downside I’d expect you’d need to see the Oil weaken under 47.80 for a retest of trend support @ 46.65.

There are a few names that look ok

LNG is not backing off and has been contra the board all day.

ALNY...has been up and going all morning, however this will be hard pressed to extend more than 82.60.

SCTY against 45.91

GOOGL…keep an eye on this the rest of the day. This could probe into the 654-55 causing more index weakness