UPDATE: Short S&P 500 @ 1495

Lowering stop to entry. Target open.

Data on September 5th (GMT):

N/A UK Bank of England Monetary Policy Committee meets
0130 Australia Q2 GDP (1.6% q/q)
0130 Australia Q2 GDP (3.8% y/y)
0755 Germany August PMI, services (58.5)
0800 Eurozone August PMI, services (57.9)
0800 Eurozone August PMI, composite (57.2)
0830 UK August PMI, services (57)
0930 UK August BRC shop price index
1100 US MBA mortgage applications
1130 US August Challenger job cuts (15.4% y/y)
1215 US August ADP employment, net change (48,000)
1300 Canada Bank of Canada interest rate decision
1400 US July pending home sales (5.0%% m/m)
1800 US Federal Reserve Beige Book
2350 Japan Net foreign stocks and bonds investment

(GCI Financial)