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| SPY Daily Chart |
Perhaps it felt worse than it really was. Yes, all of the major indexes were down but the uptrend is still intact and the IWM was actually up a few pennies. Finviz also shows 150 new highs and 57 new lows. CNBC was negative all day and AAPL did finally back off after making yet another all-time high. The biggest negative in my mind is the continued weakness of the transports (DJ-20) as it continues to roll over from the early February high.
