Durable Goods New Orders are expected to improve, but it is unlikely to make a significant difference in the overall fundamental picture just as there are now cracks in the technical picture.

Investor sentiment recently fell to its lowest level in more than two years, but we can just about say the same thing about the fundamentals.

Industrial Production will likely be an important tell on Friday, but as economic data stabilized and sentiment plummeted, it appears we've merely had an oversold condition within an uptrend.

Sentiment has dropped, but still not to the point of recent bottoms in stock prices, and both the fundamentals and technicals suggest there is still room to go lower.

There are some mixed technicals, but the technical trends are starting to catch up with the fundamental trends.

More softening in the economic data points to lower earnings ahead, but the technicals and seasonality shouldn't be ignored.

The technicals don't quite show it, but the trickle down from Boeing's production cuts might just give us the first true sign of a recession starting.

Macroeconomic data has softened of late, but a recent surge in positive earnings guidance has helped lift earnings estimates.

Friday's jobs report is expected to be strong, but there are downside risks to estimates... and it doesn't help that economic data diverged somewhat from stock prices last week.

Industrial Production disappointed last week, but that isn't necessarily bearish yet, as other macroeconomic and technical indicators continue to trend higher just as earnings season picks up.