As the following chart depicts the lack of synchronization amongst the indices reveals the market's divergence.
And the advance/decline chart along with the new high/new low chart show the deterioration of the market internal strength as the DJIA pushes to successive new high.
At the current state of the market, one should exercise defensive measures to protect unrealized gains by tighten up the protective stop and avoid excessive losses by abiding to one’s trading plan stop loss strategy.
