The $SPX close on the lows of the day and the only positive note from the $SPX futures is that it did not trade below yesterdays’ low. Based on Market Profile theory,
Stocks lost ground on financial turmoil in China and Greece coupled with a halt in NYSE trading due to technical difficulties. The yen surged against the dollar, with Treasuries and gold advancing as investors sought safe-haven assets. A surprise rise in U.S. crude inventories pulled oil lower.
On the other hand, Chinese trades are entering in “panic mode” based on regulator comments.
A technical issue halted NYSE today for about 3 minutes, the other exchanges worked business as usual.