Update

The IWM, QQQ and DIA all look either close to stabilizing or there, the SPY is the one that looks like it wants to move down a bit more intraday and I would guess this might be why..

The 50-day is one obvious target, but the 6.5 weeks of longs is only a few percent away (less than -1% from yesterday's close), that's at the trend line.

Checking leading indicators now.