What I found most impressive today was the tight control that the market engineers were able to exert upon various sectors, TRIN, TICK and other indicators. Volume was inexistent but it didn’t matter! This vigorous control after a day when it looked like everything except AAPL was going on sale, tells me that Da Boyz are still playing as they please: that they let it drop and that they can lift it back up whenever they want…perhaps now…
Chart 1: surprisingly, the FAN support line was not yet violated on close.
Chart 2 (3 Line Break, daily): another virtual support level seems to hold. The present bar is “in progress”. It might switch color and become the first green one since April 26.
Market Data 
Markets 
.GIF)
AI
