Stock Indices Break Support

The Stock Indices broke near-term support today. There was a slight divergence in market breadth, but based on the closing today, I expect that divergence has a good possibility of being eliminated tomorrow morning. If not, expect a rotation up to test important resistance. The Indices closed at the low today, suggesting more follow-through tomorrow. If there is another thrust lower, it could signal the beginning of a very impulsive move lower.

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