Weak internals hints of more downside

Was late getting this out due to busy weekend. The inability to move above recent highs with internal weakness (majority of individual stocks not moving higher and breaking to new lows on weakness) hints strongly that my 2nd scenario of medium term weakness of at least +5% in order to re-test the 200 day moving average. My 1st scenario of a moving higher did not materialize. So far now unless the major indexes can move back above last week's highs then the risk now is to the downside for the coming weeks.