We pay a lot more attention to the big picture but needed to let you know those vital, vital, vital longer-term support levels are still holding. Go take a gander at the S&P right on the 200 day moving average. Go look where the DOW is sitting, in and around the Feb lows. The FINANCIALS (XLF) right at support.
This does not take away from the further carnage in a bunch of TECH/INTERNET names today with AMAZON taking the brunt but them major averages are still holding…and as we write this, AMAZON has cut its losses in half….