No surprise to see sellers step in and take profits with markets at or near all-time highs.
The S&P(NYSEARCA:SPY) remains at channel resistance with 2,553 still a stop level for potential shorts. Volume was light so there was no real conviction to the selling.
The Russell 2000 (NYSEARCA:IWM) experienced slightly bigger selling than the Nasdaq(NYSEARCA:QQQ) or S&P but there is still a long way to go before the first level of support is tested.
The Dow (NYSEARCA:DIA) was the only index to experience higher volume distribution while experiencing the narrowest range on the day; a straight profit take.
For tomorrow, watch for additional profit taking on light volume – anything else (bar upside!) may prove worrying.