The hour is late and this will be a short and sweet update:
All the Major Market Indexes except the DJIA took a small hit today with the Nasdaq and NDX hit the worst:
And here are the Canaries with AAPL and PCLN teeter-tottering:
The 59% of S&P 1500 stocks below the Lower BB (<0) took the stuffing out of the Market:
…And here is the evidence that shows the Market Indexes are struggling. The Market has been in a Correction for the past seven days:
The Bottom line is that either there is a Major upward surprise thrust or we continue to drible on down to the next level of support which is certainly “Custer’s Last Stand” at 2900 for the Nasdaq.