The selling actually remains subdued.
Is the chop finally over? We still don't know.
Which means the market pattern will likely change.
Or maybe we just need something to get our attention.
At least the transports and utilities had a good day.
Building up bearishness is taking less time.
There are those bothersome sentiment readings.
But there's good breadth in an overbought market.
Complacency reigns as market continues to frustrate.
Major averages can't stay above benchmarks.