Eoin Treacy's view The Nasdaq has so far held up better than the S&P but the likelihood of at least a retest of the 2200 level is high. I opened a short in the September contract selling at 2287.4.

The Swiss National Bank cut rates today and announced efforts to weaken the Franc. They failed in their attempts last year but the Franc is considerably more overextended today and the SMI Index has fallen sharply which adds urgency to the case. I bought the December contract of EUR/CHF at 11011.7. All prices quoted include spread-bet dealing costs.