INTERNAL ACTION

More on the internals - in light of the flat indexes:

SPX/NDX - almost twice as many losers as gainers;

NYSE - 1076 green and 1963 red;
NAZ - 1027 green and 1730 red;

RUT 476 green and 1370 red;

Volume- a bit more than 1 Billion shs traded with about 150% to the downside;

NAZ Volume - almost 2x to the downside;

So the market internals indicate a far from flat day and closing mutual fund prices will probably show many more losing funds than gaining.