It's hard not see all the indices make new lows as the Dow did. Bulls will cling to the possibility of a divergence, perhaps with Small Caps holding above November lows. This is not outside the realm of possibility with the index oversold and some 45 points away from November lows.
But it's a big ask
Dr. Declan Fallon, Senior Market Technician, Zignals.com the free stock alerts, market alerts and stock charts website