2347-2339 is the area in the NASD that can trap the shorts. The NASD will need all new weakness under 2339 for follow through from this level.

SPU..The game here is again which chart is the correct chart to follow, the all sessions or the pit. The all session chart shows a close under 1330.75 to be negative. ( An outside reversal daily lower pattern). I am in the Pit camp. We’re now entering that time of day when the computers take over and directional change can happen.

Bunds…125.50.. A close above this level is needed for an outside reversal higher day, which I would construe as negative for the European Equities. Watch for market tone.