Winter’s Healing-Daniel A Walters, Navajo Artist

The 12 Yei Feathers and mask depict a special category of holy people that dance during a nine-day winter ceremony called “The Nightway.”

The Navajo learned that the disruption of harmony causes a large range of illness: mental, physical, emotional and spiritual.

The intent of this ceremony is to restore harmony.

Seen on Twitter:

“WH Natl Sec Advisor blasts Iran over "provocative" missile test, attack on vessel, says "we are officially putting Iran on notice."

This follows the U.S. raid in central Yemen. Without comment on its success or failure, the bigger takeaway is whether this kind of intervention provokes disharmony.

A somewhat choppy trading day in the market leaves traders with concerns. Not certain about what “on notice” means, the Dow and S&P 500 barely reacted.

Nasdaq remained green ahead of earnings in Facebook (FB) and after the rally close to all-time highs in Apple (AAPL).

Only Granddad Russell 2000, perhaps the wisest of the bunch, danced like a Yeiman back and forth between a warning and a bullish phase. IWM ultimately closed red, but in a bullish phase.

Meanwhile, Transportation, Retail and Regional Banks all fell.

If Granddad is the Yeiman who wears the 12 eagle feathers, can he dance fast enough to restore harmony?

Tuesday, while four of the six Modern Family members declined, Biotechnology and Semiconductors gained. Therefore, we find ourselves once again with a disparate family.

Apparently, Aunt Yellen visited her ailing sister today, Grandma Retail. While Aunt Janet fed XRT chicken soup (after all it is the Chinese New Year of the Chicken), she must have seen cousin Real Estate in the next room.

IYR, the Retail ETF, caught a bug. Now in an unconfirmed bearish phase, we have yet to determine whether she will recover.

To add insult to injury, Transportation (IYT) looks more likely that it put in a double top at 171.15. Although IYT held the 50 DMA and remains in a bullish phase, it held it marginally.

In the meantime, a more dovish sounding Fed added pressure to the Prodigal Son, Regional Banks. Not a death blow, KRE nonetheless cooled at the Fed’s inaction on raising rates.

While Semiconductors shrug off the illnesses that plague her family, Big Brother apparently is on some clinical trial. Nevertheless, IBB has big shoes to fill to get over January resistance levels.

The Yei bichei or “maternal grandfather of the Yei” speaks on behalf of the others. Our Granddad, the Russell 2000, now has the difficult task to speak about harmony on behalf of its others.

S&P 500 (SPY) No more island top as the gap was filled. A move under 225 would be ominous nonetheless

Russell 2000 (IWM) 138 key resistance, and 133.50 key support

Dow (DIA) 196.75 support-important at that as well.

Nasdaq (QQQ) Although it looks great, the lack of momentum by IWM has me concerned.

KRE (Regional Banks) Not much unless it breaks 54.58 or gets back over 56 and holds

SMH (Semiconductors) 74.50 key support

IYT (Transportation) 164.92 the 50 DMA

IBB (Biotechnology) Confirmed accumulation phase. 275-277 now support if good

XRT (Retail) 42.00 the big support

IYR (Real Estate) Below today’s low could see 75.00 next

GLD (Gold Trust) 116 next obstacle to clear

SLV (Silver) 16.50 now pivotal

USO (US Oil Fund) 11.60 next point to clear

OIH (Oil Service Holders)

TAN (Solar Energy) Back on radar

UUP (Dollar Bull) 25.80 resistance and 25.67 support

FXI (China) Neutral now after it closed red and failed to clear the 100 DMA