Tuesday morning heads up

Internals are extremely weak today. A/D lines are very bearish already and breadth and cumulative ticks are just heading straight down. Listening to trader's audio and we have lots of paper sellers. Looks like the risk aversion trade is in full flight. Interestingly the 30 year bond is still copping a hammering. Looks like everyone is getting out of the long end of the curve..........It's a given when you can front run the Fed on the shorter end which is what Ben and his cohorts are buying. At this point in time, I'm looking for a quick bounce off the fibbo but the selling might not be over with all the fundamental issues out there. Like they say whatever goes up fast comes down even faster. We have had one heck of a run up so taking the elevator on the way down is not a surprise.