There seems to be enough economic nervousness around the globe to keep investors jittery. The major US indices lost around 0.7/0.8% on Friday night and the futures are currently down in night trading; the Dow futures -68 points. Asian markets are well down today, in particular Shanghai which is 2.93% lower at the time of writing. Our market has also lost significant ground – the XJO closing down 1.9% which is just more than 89 points. Selling was evident across the board with all sectors in the red. Financial stocks were the worst hit with the related sectors down more than 2%. It was the markets biggest fall since March 15 which effectively saw the end of that particular sell off. From today’s price action we are now watching our divergence indicator closely, with a potential divergence setting up in the coming days, depending on the markets behaviour.