The SPYs have broken the upward sloping trendline. The next line of support is the 10 day SMA
The QQQQs -- which started the sell-off -- are now looking for the horizontal trend line or the 10 day SMA as support for this move lower.
The IWMs have broken through the 10 and 20 day SMA and have moved through the 10 day SMA.
We are now firmly in a correction.
