The Dow flashed a similar bearish inverse hammer but did so with marked weakness in on-balance-volume; this was more bearish.
The inverse hammer in the SOX made a picture perfect touch of resistance from former trendline support.
The S&P was one of the first to mark a 'sell' trigger in on-balance-volume and it looks like this weakness is going to take the index down to its 20-day MA at the very least.
Tomorrow could be a bad one....
Dr. Declan Fallon, Senior Market Technician, Zignals.com the free stock alerts, stock charts, watchlist, multi-currency portfolio manager and strategy builder website. Forex data available too.