Market Dashboard - trend still points higher

Even though there was a nasty little selloff Friday, the indicators are still bullish.  The small caps have a little natural support at current price levels thanks to Fibonacci levels.  The chart below shows the wave that occurred last week.  The IWM should find some footing around the $113.25 - $113.68 range.  Failure to hold that, however, may indicate continued selling.

The S&P 500 may not be completely done declining, but the 50% retracement coincides with a price volume node so we may see some support at the $197.34 price level.