We are starting to see a little bit of decline in the S&P and NasDaq. That coupled with the GDOW has us with 3 red indicators for the major indexes. The Dow is still above its 30 week moving average line, but just barely. It has been awhile since we've had a correction so don't be surprised if we get one.
The number of new lows vs. new highs has been in favor of new lows for the last 3 weeks. Another sign, bringing us to a total of 4 reds.
