As we work through the final hour of trading, it is a grind out there. Breadth is weak, and even the momentum stars like LNKD are acting tired. To be sure, there are some gems here and there. But the recent rally seems to be in need of a breather, if not more.
The 30-minute chart for the small cap ETF shows the importance of the $104.20-25 area into the bell and tomorrow. I would expect the selling to pick up below there.
Also, it appears the 12631 chat room is down again for member–Pardon the inconvenience. We hope to have it back up and running shortly.
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