A close below 1182.50 Chicago Pit session is needed for the Coup De Grace.

1182.50, 1176 then 1171 are levels that will react like the 1197.50-1206.50 on top. In other words, new shorts are unlikely to get rewarded at those levels.

Today’s matching level in the NASD is 2205 ( NASDAQ 100 futures). This is now a potential double bottom on the daily charts. 2182 is the next area down.

Today will be another end game played out in the last 45 minutes of CME Pit trading.