The market found support right where I suggested last night. It's not rocket science. 1262-1265 on the S&P has been support for about 5 weeks now. That may end tomorrow. It doesn't have to but don't be surprised if it does. Also, don't be surprised if oil finds a bid and starts to rally. That's right....oil up...stocks down. It could be that simple tomorrow. That being said, financials look to me like they need one more push up before they roll over again. I know that's counter to my "stocks down" story for tomorrow, but that's what it looks like. Perhaps the market will roll over but financials will show "relative strength" by not falling as much. That's possible I suppose. I'm seeing a lot of cross currents here. I've been surprised in a way how week oil has been since the top. Sometimes shortly after beginning, parabolic price declines are interrupted by a spirited counter trend move back up. It's a bull trap that really punishes folks who think the old trend has re-established itself only to collapse again. Go look at GOOG (Google) as an example of what I mean. The move from $500 to $750 ended with collapse back near $620. It then sucked in all the bulls with a move back over $700. They assumed the sky was the limit and they were not gonna miss that train again! Look what happened next. The UH OH!!! moment arrived as it headed down to $400. Google's journey isn't over by a long shot. Oil hasn't had that bull trap move back up yet and quite frankly I've been expecting it. It may start tomorrow. If it does, it'll be trap so watch out. Any way, that's about it.