As discussed in yesterday’s Briefing, the Indices did trade below yesterday’s low and the internals continued to decline. They are now confirming the decline. Previously the internals held up as the selloff began. This was a pretty significant divergence. However, now it has been reconciled. The Indices are now all at important support. Also, the NASDAQ is extremely oversold. Therefore, expect a possible pause or rotation up to work off the oversold condition. If there is a lower low at the open and breadth is diverging, that will suggest the possible beginning of the pause.