Index futures were getting pounded in the wee hours Monday, unable to resist the onslaught of selling that has sent Asian markets reeling. Structural support for the E-Mini S&Ps lay just beneath the so-far low at 1135.75 in the form of a prior low at 1130.50 recorded a week ago, but if it gives way a robustly bearish impulse leg would form on the daily chart.
