Down we go

Nasdaq being pummeled again  Individual stock worries,China retaliation ,End of Month, End of Quarter adjustments and  long liquidation  continues.Watching yesterdays and Fridays lows(6520 ) as an area where things really could get ugly. Right  now Nasdaq hasn’t violated any significant tech levels to downside as long as that holds true just noise . NDX -2.6%,SPX -1.2% . Bond yields – 5.5 Bps  5 years  – 6.3 Bps,7 years -7 Bps.Interest rate hike probabilities are little changed from Friday as the stock Sell off has yet to impact the macro view of Economy  as it should.Watching 200 d MA in SPX  2585   as the go no go zone



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