Sector ETFs At A Critical Juncture

While the U.S. markets are entering a seasonally strong period, the major benchmarks have already staged a massive run.

Several technical factors play into the near-term bear case, coming on the heels of three failed tests of resistance that underscore how U.S.equity markets are showing signs of fatigue.

While this area marks a potential resting point for the current rally, the U.S. markets' longer-term outlook remains higher.

CINCINNATI (MarketWatch) - Despite its limitations, Monday's sell-off was among the more serious challenges to the U.S. markets' recovery attempt.