Tuesday’s price action was somewhat unusual. For starters, index futures made their intraday high, not under the cover of darkness and on thin volume, as is nearly always the case these days, but in broad daylight, 30 minutes into the regular session. The fleeting high slightly exceeded Monday’s, surely trapping more than a few bulls. But instead of fleeing their positions and sending the futures into a tailspin, the selling was moderate and orderly.  On balance, I read this as bullish. However, unless CMG, NFLX, AMZN and some other ‘lunatic stocks’ held and manipulated solely by institutions reverse the weakness they showed yesterday, the selling is likely to accelerate. Bottom line: Expect the Dow to be up or down at least 250 points on Wednesday, with no in-betweens.