Hi traders,
Here I gathered some market internals charts, you know I use them very frequently since they usally lead externals components such as price. As you can see we have meaningful devergences among all of them which favors an upcoming pullback down or even a initiation of a down leg. In any case they favor the bearish case .
Also notice that Nasdaq is weaker and leading the path, so keep an eye on it next week.
Bullish percent on SPX making a new weekly low
Mc Os pulling down clearly
NYHL
NASDAQ internals:
As well as BPSPX it has made a weekly new low.