Selling Pressure Continues

Selling pressure started to build last night with futures down big. China had more negative news that reinforced the slowdown picture. Japan dropped 3.8%.  So the DJIA ended the day down 469 points.  All of the indices had similar results. In the video below I show how my wave  count on the DJIA continues to point lower.  Stocks in focus are GPRO, LUV, ADBE, LULU and AAL.