However, the Dow Transports cratered and it looks certain the Dow will do likewise. The break occurred on a third distribution day since the last accumulation day.
Summation Indices turn down from overbought conditions - this could fall a long way; NYSE below
Ugly day - Ugly outlook.
Dr. Declan Fallon, Senior Market Technician, Zignals.com the free stock alerts, market alerts and stock charts website