not really anything new to discuss.  resistance and support levels are marked on the recently posted index & sector tracking etf charts (SPY, QQQ, IWM, XLF, etc..).  markets are trading range-bound for the last few days and will most likely either take out resistance and break out to new highs or fail to do so and continue the near-term downtrend on their way to some of the lower targets.  for now, i still favor the latter vs. the former but anything is possible so don’t get married to your bias, which ever way you think the market is going from here.  for bulls accumulating shares on this dip, set your stops accordingly and ditto for the bears accumulating or already holding shorts.  if unsure, there’s nothing wrong with sitting on the sidelines, watching the bulls and bears slug it out here while waiting to see which one emerges the victor (go long on an upside break of resistance or short on a downside break of support(s).  have a few things to do today so i’ll be away until after lunch-time today (1:00pm-ish est).