For upcoming September 13th, 2007 Today was an interesting, if not somewhat slow day for me on the indices. The Russell, The DJ Transports, (-0.76%) DJ Composite had good down moves, whereas the S&P 500 cash and the Dow Industrials held more or less neutral, with the Industrials off just 0.13%. This is clearly negative divergence. Also, the only index that had reasonable upside was the Dow Utilities (up 0.23%). The utils going up are often a sign of bearish behavior. Market action lacked conviction and trade volume in the S&P pit was light most of the day, add to the fact that many Jewish traders are off due to the new year. Dow Industrials failed for a second day to close above the 61.8% retracement of the 4th - 10th Sep High-Low period. Sell into strength with a close stop.