First interest rates moved higher on strong economic news, then stocks sold off in response to Fed tightening. The result is that we moved well below the recent multiday range, setting off a short-term downtrend. It was a good example of a dynamic discussed recently, in which moves in the stocks are most likely to trend when we see significant movements in energy, interest rates, and or currencies. New 20 and 65 day lows expanded to 618 and 234; Supply exceed Demand by 101 to 48. As long as we continue to make day over day lows and expand new lows and Supply, selling bounces below the day's average price is the operative mode.