SP500, DOW,FTSE,DAX and SWED daily and 2 hr trends are down 06:01 Tuesday. A few new lows has been taken as well. NIK continuous its down trend and HSI today got a daily cross over on downside. The US indexes made a rally Monday from opening and it held until last hour when the indexes were sold down to where they started. Since then in Asia they have fallen further a bit. News about the closure and debt ceiling latest is that the Republicans want to handle these issues together and no one seems in a hurry. The outcome is still not clear which keep the markets on defensive.