For the last two weeks, I have been talking about the seriousness of the market internals and how they were signaling a potential turn down that could be significant. Today saw that decline with the NASDAQ getting the worst of it. The question now facing us is whether the move is complete, or if it has more downside work to do. They did reach intermediate-term support levels, which could suggest a pause or countertrend rotation up on Monday. If there are lower prices and the internals weaker than today, expect the decline to continue. If lower prices and stronger internals, expect some type of counter trend move to today’s decline. How any countertrend move develops will help in understanding the degree of this potential move.