Midday Missive

Europe is heading for the exits.
Vlad the Impaler is shading enthusiasm for any squeeze up into month end.
XLF… is breaking down below 2190.
AMZN…the first downside wave count tgt is 302.
Nasd 100…3500-11 should give the sell off a breather the first time down.
PCLN…macro sell stops are @ 1141 tgting the 200 day @ 1110.
NFLX…needs price action over 342 for bottoming action.
SMH...44.51 is mvg avg support and the downside pivot.
VIX…14.40 is mvg avg resistance.

ASX…ASX 200 Futures…a close today below 54980 would put in an ORL day. This would signal game over for most equity indices.

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