SandP 500 futures are currently down 23 points, or 0.6%, as selling pressure on stocks continues to intensify during the week. The technical picture is ominous and we see sellers taking advantage of the Fed and ECB yesterday. This, in turn, means that the dollar will be flat on the day, although USD / JPY is still down 0.5% at 137.10, as safe flows prevail in the forex market during the session. Elsewhere, European indices are also under pressure, with the DAX down 0.2%, the CAC 0 off 0.6% and Britain’s FTSE down 0. % in the early 20 minutes or so.