The two broadest stock indexes NYA and RUT, which were highlighted in Tuesday's update, are on the verge of generating Sell Signals. I've removed everything from the charts below except for the one thing that matters, our trend-signal line.
The Dow and S&P still have a way to go lower before they trigger Short:
So far the market has always recovered from this kind in intra-day weakness. If this time it's different, we should know by this afternoon's closing update.