Last issue the a newest team of New Avengers moved into the original Avengers mansion, while Dr Voodoo was attacked by a possessed Dr. Strange and Daimon Hellstrom. In desperation Dr. Voodoo sent the Eye of Agamotto to the New Avengers where they were then attacked by Dr. Strange and Daimon Hellstrom and Luke Cage was also possessed.
The New Avengers are trying to keep the eye out of the possessed heroes' hands when Wolverine throws it outside. The giant Luke Cage goes after it while Wolverine interrogates Strange and Hellstrom, suddenly whatever is inside of them leaves.
Outside Cage is fighting The Thing, Ms. Marvel and Jessica Jones. Ms. Marvel has the eye and threatens to destroy it if the entity does not leave Cage. Back with the others and Dr. Strange, who is no longer possessed uses a healing spell on himself and Hellstrom. Outside and the others have Cage down. Spidey, Wolverine and Hellstrom arrive and tell Iron Fist to get away from it. The entity then possesses Iron Fist who is holding the eye. Dr Voodoo arrives and tells the entity the eye will not leave this dimension. Iron Fist is then teleported away. Hellstrom is distraught and Strange tells everyone that without the eye they forfeit. Ms Marvel asks what have they forfeited. Strange tells her everything, while the sky turns red and opens up.
So we still don't know who these entities are but they must be powerful to be able to possess heroes with little effort. Although the plot isn't advanced much in this issue the sense of urgency is raised, you feel like there is a lot on the line if the heroes fail.
3 webs - more solid stuff from Bendis and Immogen.