The S&P fell 0.81% on Monday as investors dutifully reacted to the Chinese benchmark’s 6.7% plunge. However, most concerning was that the fall came on relatively good news; the Institute for Supply Management-Chicago said today its business barometer increased to 50, the highest level since September 2008 while the employment component increased to 38.7 from 35.3.
11PIPS WITH ROKOKSALEM
SELL : 1.4381 ET /TP: 1.4370 SL: 50PIP