Relentless: S&P 500 hits yet-another low in 40 point drop

No respite

Heading into the final hour of trading, the S&P 500 is down 40 points to 2300.

I think the trade from here is to wait until closer to the close. Because if the market closes on the lows, the selling is going to continue tomorrow. If the S&P 500 can finish at least 5 points from the lows, that changes the equation.