Morning start ...fkli weak 1325+ fcpo weak 2370-80

DJ -150/-1.5% amid a worse-than-expected existing home sales report and selling in energy sector. Europe 1%.

8.15 : DJ futs +15. Regional -1%. Commodity mostly lower. CO -3%. GOLd firm, flat.

fkli : another setback after Mon's run. ..maybe time to close the gap , 20-30. Off to a sell or defensive play. but unlike yesterday, mkt is seen reaching major support when bargain could emerge at the lower end. Below 1330 is sell tone.

fcpo : SO -0.2%. with weaker commodity tone, fcpo will stay in dwward-bias range and could trigger a breakdw towards 2350, for a 2350-2370 new lower range. Below 2380 is potentially bearish.