If S&P futures stay below 923.50, the more likely the pullback will continue. Support levels below 921.50 include a cluster at 920.50-920-919. On the upside, we have short-term resistance, as outlined in the Morning Meeting, at 924 and 925.50-926.

For Nasdaq futures, support levels below 1075 are at 1073, 1071.50 and then a bigger area at 1070-1069. On the upside, we see resistance at 1080, 1083.50 and 1085.