The Stock Indices sold off today as a result of the weak internals I have been discussing in the Briefings. However, only the NASDAQ appears to be impulsive at this time. The Industrials and S&P recovered nicely going into the close. The question facing tomorrow is how will this inter-market divergence be reconciled? That will be important at the open tomorrow.
The first hour of trading tomorrow should provide a resolution to this divergence.