With the broad market/SPY closing the day nearly flat (+0.28%), there aren’t any new developments to report since the previous updates that highlighted the most indexes & sectors falling to & bouncing off some minor support levels. Last week’s sell signals remain intact for now with the next sell signals to come on a solid break below today’s lows on most indices & sectors, including the 278.42ish support on SPY & 211.33 support on QQQ (magenta lines). Also worth noting is the potential for the formation of a right shoulder on a couple of small Head & Shoulders topping patterns on QQQ & /NQ (Nasdaq 100 futures) on the 60-minute charts below. Nearby resistance levels likely to come into play are 216.62- 217.60 on QQQ and 286.08 – 289.20 on SPY (recent gaps on both).