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Over the course of the past hour and more the global stock market losses have deepened and the whole vista has turned even more negative. All the US futures have crumbled even more and now the S+P 500 looks like it might even reach a correction level on the opening. That comes as the futures price crumbles close to the level, at 5,102. Europe is deeper in the red too and the CAC 40 is now closer to the 7k level as the FTSE 100 falls below 7,925. The DAX has now gotten even closer to the point at which the index will reach a 10% correction, at 17,002. This was indeed outlined here earlier today as an objective. The DAX is just now trading at 17,020
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