[pcabc]

Failing at overhead resistance?

S&P500:
Good breadth but the index has bounced off the 200 day SMA and a trendline.
   

I have positions in MSFT and AMD, MSFT has similarly bounced off the 299 day SMA and AMD of the 150 day.  Not looked elsewhere but there seems to be a theme forming:
       

Up until now, apart from the falling 150 day SMA market breadth was strong.  But we seem, from this limited look, to have signs of weakness.