PRE MARKET

All the areas that have been under-performing, put in lows yesterday. These areas were said to be affected by tariffs but once the tariffs were put in place, the world did not end.

So:

DOW held 200 day.

S&P held 50 day.

TRANSPORTS held 200 day.

BIG FINANCIALS (XLF) held big big support.

INDUSTRIALS, COMMODITIES, MACHINERY, DEFENSE all moved off support levels. The question now into earnings is whether they can really get going. Good question. Good start yesterday.