Dear Members. Sorry for the delay; I am in travel mode so was unable to get a full update out today. Key at this point is to see if the S&P can close back above its 50 day moving average, currently at 2936 as a close below that level could potentially result in some additional selling. The good news is all of the major indexes are well off session lows. However they are all below their respective 20 and 50 day moving averages so let's see how the day ends and we'll revisit on Monday. Have a good weekend! At your service, John Hopkins EarningsBeats.com Better Timing. Better Trades.