Update

{+++} Here is an update on where the markets stand right now:

Dow Jones is down about 115 points

S&P Futures- Down about 17 handles

Nasdaq- Down about 27 points

Russell 2000 -Down about 10 points

EUR/USD is down a little over 1% and is just below critical support.

So everything is down in the neighborhood of 1% so far. This could get a little worse or better as we approach the open.

Once Europe opens we should see the real impact.

By best advice is to honor stops and wait for the dust to settle before jumping to the long side.

See you on the chat room in the morning.

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