The S&P, Dow and Nasdaq 100 have reached intermediate-term downside KRAs. The Russell is trading below any recent structural KRA. It is likely a momentum low is in place and the indices will become more two-sided which implies some combination of balance/retracement. Breadth continues to display patterns supporting this view.
ES
SPY
NQ
QQQ
TF
IWM
YM
DIA
BREADTH
