Over the last week, we've had a strong signal that the next trends was going to be a pullback and many times I described it as something more severe than what we would normally associate with a pullback.
Over the weekend and last night I watched the news particularly out of Europe go from bad to really bad to even worse, but there isn't much that has occurred that we didn't already clearly see and predict (coming in another post).
As for the market...
ES is making new lows faster then they can be captured, currently at 1339.00
EUR/USD is at new lows.
The SPY looks set to open down a full 2 points.
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