The broad market selloff could be seen in Index ETFs, Commodity ETFs, and Currency ETFs as the SPY and IVV fell, OIL sold off, and FXE weakend. Our position in the international ETF, EWJ (Japan) was closed without a stop to lock in profit. I fear next week we wil see a continued sell off and I will be watching my Aroon and Keltner indicators for entry signals in some of the inverse Proshares ETFs. A Fibonacci Fan chart shows how the near term trendlines were broken. The bearish rising wedge almost broke. Technical analysis charts tell the whole story. Enjoy MLK - next video blog on Tuesday.