Jerry:

All we need is for a CNBC commentator to say one of two things. First, they must use the "R" word. What is the "R" word? Resilient of course. As in "how resilient this market is". Second thing to listen for is when someone says, "the market is really going to take off in September when the big boys get back from the beaches."

In both cases, I would run for the hills. Poor market internals in the face of neutral sentiment is not a recipe for a sustainable price move.