Sellers Return
S&P futures went back to the low of the day as lunchtime sellers hit the Dow, which also made a new low for the session. S&Ps have returned to the heavily traded area from this morning of 883 to 885, as weakness in equities continues. Below 880, as outlined in the Morning Meeting, is the 878 to 875 area, which is the last line of support for the bulls.
Nasdaq futures have fallen back into negative territory after a short-covering rally. While Tech is still weak, it is holding up a little better compared with the Dow and the S&Ps. Earlier, Nasdaq held the support zone between 905 and 904.