Only 30 minutes to go; SPY, QQQ & especially IWM are trading comfortable higher but I wouldn't be surprised in the least to see a red close today. IWM looks poised for a sharp pullback to at least the 116.60 area. No reason to post a 5-minute chart of QQQ since it has basically gone nowhere while the SPY & IWM have climbed, ignoring the fact that the former leading index has trouble under the hood (as recently pointed out from the weakness in some of the top components of the Nasdaq 100). I would guess that if these pullbacks are going to materialize, they will likely begin to do so heading into the close today or early in the trading session tomorrow.
Pullback In U.S. Equities Likely
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