Today on the Marketbeat: Top of the Rally 2 ya!

Market #'s @ Closing Bell:

S&P: -2
DOW: -8
NASDAQ: -26
Rus2K: -6
TSX/S&P:
$VIX:+1.61


Internals:

Core Sector List: 11/5

- NYSE -
BREADTH: 2.4/1 Bulls
AD LINE: +340

- NASDAQ -
BREADTH: 2.5/1
AD LINE: +400

Today on the Marketbeat: Top of the Rally 2 ya !

Another interesting intra day Market day today as the US equity markets got off to a strong solid start on this Monday, March 16th. The S&P gaped open a couple pts and continued that upward swing is got going last week. The day was a touch and go day as every pullback to the trend line seemed to produce a solid bounce back up. This was until around 1:45 pm as the market put in a double top candle on the 5 min chart and quickly began to give back a lot of its gains, going into negative territory towards the closing bell. So although the day put in some hard work to the upside, the markets could not hold the bullish levels closing at the days lows around 750 on the ES futures.

Under the hood was a bevy of emotions today as all morning and into the afternoon the markets gleamed with bullish internals, from the Ad line putting in solid numbers tot he breadths putting the smack down on the Bears. This all was until the market snap back reversal that happened in the last 2 hour of trading. The day closed with the Breadth @ 2.4 & 2.5 to 1 on the NYSE and NASDAQ. The AD Line closed the day around +340 & +400 on the NYSE and NASDAQ while the VIX