The stock market indices suffered a historic setback today in terms of the technicals, and in terms of points it was quite nasty as well.  There was a huge gap down at the opening, followed by a short consolidation, which was followed by more selling.

The stock market indices opened positive but then immediately sold off sharply in a 3-wave decline that reached the session lows just before noon.

The stock market indices opened strong today and reached the session highs in the first 20 minutes, and from there it was downhill the rest of the day as the S&P 500 stair-stepped lower in a neat, orderly channel to retest yesterday’s lows.

The stock market indices started the day to the plus side but failed at resistance and rolled over hard in the morning.

The week ended on quite the negative note, as the stock market indices started sharply lower and moved lower for most of the morning.

The stock market indices suffered a down day as profit-taking set in mid-morning after the indices opened strong. A 3-wave decline ensued, breaking key short-term support and testing secondary support before bouncing late in the day.

The stock market indices continued their rally off last Thursday's spike lows, as they opened strongly and rallied and stair-stepped their way higher all day.

The stock market indices had an afternoon sell off, which put them in negative territory as the Tuesday turnaround effect took place.

The indices had a fantastic start to the week with a huge gap up at the opening due to foreign markets being sharply higher and futures very sharply higher.

The stock market indices ended the week on a down note. The day started off with a sharp move lower that retested the lows, made higher lows, and then snapped back sharply late morning.