New lows

The S&P and the Nasdaq have gone lower than the first big drop. With the S&P now below major support we are setting up for even more volatility. I will not be surprised if we see the S&P drop to 1370 before this is all over. If we go below 1370 on the S&P then we have to face what may be a bear market underway.

My full market run down tonight.