Blue-chip indices posted similar patterns to small-caps, in line with typical expiration-week action after Monday’s low-volume ramp.
Still, the bulls need a lot of buying power if the recent decline isn't to turn into something more ominous.
It watches November's bearish action and awaits catalysts that may signal a reason to buy.
The major indices, gold and crude oil all sold off, as did banks.
And they're keeping index prices near their weekly lows.
Major indices carved out narrow range patterns near Monday’s selloff lows.
It's possible, as leaders during the recent rally ground out bullish pullback patterns into or just through new support levels.
There were opportunities for a big down day this week, but the bears failed to follow through after selling bursts.
Banks had strong sessions, but the PHLX Semiconductor Index turned south.