Even though this is options expiration week, that P/C ratio is getting fairly extreme. And although the new high/low list is improving it is still nearly 3:1 new lows over new highs, or a fairly narrow advance so far.
I think we get some weakness in the NAZ soon. Hope we see some decent numbers tomorrow with Building Permits, CPI, Core CPI, Housing Starts & Mich Sentiment-Prel.