Testing Lows

Indexes in the downside support battle again this morning. CSCO's outlook was not optimistic and the tech side is sensitive to each liquidation opportunity. SP500 and DJI are testing last weeks lows while the NQ100 is through them and nearing new lows. The market is waiting for substantial buying to appear in order to begin to build another leg up from these support areas. More Fed speak will be around so any perceived negative comments may be a problem.