This is the wrong time of day to press direction…

The Russell @ 774,Spu 1268, Aussie @ 98.20-50 cash,

and the Sox breakdown # of 424 are now the pivots for the entire

market.

The Bulls will, in all likelihood, attempt at least one rally out of here to screw the new shorts.

This is an area that can surprise to the upside. Bears beware!

Late price action below these levels will signal more weakness.