Stocks continued selling off overnight in the Asian and European markets, and US stocks followed the course scraping another layer of foam off the prices.

Volume today was greater than the 20 day moving average. So this sell off had a little force behind it, which is not usual of late.

The VIX is not back to a fairly high level by current standards.

The FOMC will be announcing their rate decision tomorrow. Trump will be giving his State of the Union Address tonight. There will be a Non-Farm Payrolls Report on Friday.