TELLING DAY?

The market internals have flipped to flat and the QQQQ/SMH duo are starting to lose their jig. Is this an instant replay of yesterday's action?

This is a key day in my opinion because if the markets don't hold here it could be ugly going forward as folks will really start to have a lack of confidence in the markets and Big Ben.

If they hold here and start going higher it could have the opposite effect.