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Selloff fails to bounce, as Energy, Industrials underperform

No real change in Equities since the open..  US indices remain lower by 0.50%, Small caps underperforming and still seeing Energy, Industrials and Financials underperforming while Utilities stage a big bounce-  Metals have turned back lower given USD snapback to positive and minor gains in Treasuries-  Breadth is VERY small negative, so despite the selloff, less than 2/1 negative breadth.  Overall, closes here would likely drive about -.5% lower but getting very close to support both on price and time basis and Nasdaq looks to be there-  Would consider covering shorts into tomorrow and anticipating some type of stabilization taking shape, along with Dollar turning back down into next week-  Closes back higher above 2052 on a close today would be meaningful.  Otherwise, its likely at 2044 or below that S&P futures moves to 2026-30 and/or 2007-  For now, a much milder pullback than appears based on the screens.  Volume still heavier in Declining issues by a 3/1 ratio.  ARMS at current levels showing 1.50, or HIGH