Not much happened today in terms of price development. However, the structure of the Market was not very healthy looking. As an example, the IWM made a new all-time high while breadth in the Russell was negative. This appears to be a market hoping for good news from the Iran situation, but not yet willing to see a decent correction that could be healthy for the overall market. Short-term support and resistance levels change almost daily due to the rotational patterns that we see in multiple timeframes.