The MSI of ten major Indices shows some weakness
We can see that most Index MSIs have turned down in the last few days. All S&P100, S&P400, 500 and S&P600 have dropped considerably.
We also saw a 12 point drop in the Industry MSI, which represents the 104 Industries of the US Market.
We will wait to see if this weakness in the MSIs will translate into a drop in the actual Indices.