Some indices saw a slow start yesterday, but not surprisingly, the Russell 2000 saw the biggest of the profit taking. The index lost just over 1% in a 'bearish evening star' candlestick confirmation. However, supporting technicals are little changed.
On the other hand, the S&P barely budged. It closed on a 'neutral' doji on higher volume distribution. Technicals remain bullish and don't show topping factors yet.
The NASDAQ finished with a closing gap lower, but unlike the S&P, volume didn't register as distribution. Aside from relative underperformance, technicals are positive.
The Dow was the only exception, it was able to post small gains.
If yesterday was the start of profit taking then today should see more of the same. Meanwhile, pullback buyers will likely wait a few more days before committing.