One big piece of news after the close is that a second signal for the Hindenburg Omen might of been triggered. The WSJ is reporting 147 new 52 week highs, and 75 new lows and Stockcharts is reporting 113, and 70, both sources qualify. The McClellan Oscillator still needs to be below zero when Stockcharts gets their charts updated. The fly in the ointment is the 10 week MA of the NYSE, that looks flat-lined and in my chart is too hard to tell if it is declining or advancing, if it is advancing then we DO have a second signal, and that would make the Hindenburg Omen a confirmed Omen.
I added the short-term count 1-2 down, although it is very possible today was a 3-4, it all depends on where the top is at and if that was really a 1-2 yesterday that had a 99% retracement, or a truncated wave that never did make a higher high.