So much for tech stock leadership. Still, it wasn't the more volatile tech stocks leading the way down, most of them are still above support. MSFT is leading the way lower. Investors are worried about a spill over from current Mideast violence. There is little sign of immediate improvement and this sentiment is likely to remain with us for some time. The Naz, Dow and S&P are testing support of their trading ranges. With investors nervous about world events and investor sentiment neutral, a break of support would be a significant sign of trouble. The Naz is leading the way lower and closed at or just below support yesterday. We should test support this morning and if we break it be ready for a few days of negative action. These are not recommendations: Cautiously Long: MLNM - Buy CEPH - Buy BBY - Buy Using tight stops if position is established.