The market is holding up much better today, although breadth is still decidedly negative, especially on the New York Stock Exchange.

• Advancers 1,098
• Decliners 1,853

Industrial are taking it on the chin big time, as the market reacts negatively to any company that cannot or will not provide guidance.  In addition, Boeing (BA) acts horribly (those old Dow Jones components are just too old to be relevant or serve as proper proxies).

On the other end of the spectrum, Technology acts much better, and many of the mega-growth names are displaying confidence ahead of their earnings releases on Thursday. 

As the major equity indices snake around their respective 50-day moving averages, more money will edge in a little closer and will be ready to pounce should this important test of support hold.

Right now, getting buyers to venture beyond their comfort zone seems to be the story of the session and week.