SPY Holds Above Support. QQQ And IWM Hold Below Support

The Indices opened lower today, but then recovered for the balance of the day. While the SPY closed above support, the QQQ and IWM closed below support. Some market internals continue to deteriorate, but volume is not confirming an impulsive move to the downside. Right now, it appears the Market is stuck in a rotational pattern at very important support levels.

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