Today on the Marketbeat: Resistance isn't futile

Market #'s @ Closing Bell:

S&P: -8
DOW: -81
NASDAQ: -9
Rus2K: -1
TSX/S&P: -120
$VIX: +1.19


Internals:

Core Sector List: 15/1

- NYSE -
BREADTH: 2.4/1 Neg
AD LINE: -420

- NASDAQ -
BREADTH: 1.8/1 Neg
AD LINE: -340

Today on the Marketbeat: Resistance isn't futile

The second day of this week saw the market experience some chop and downward movement as the major indices all took a downward plunge Tuesday. As Canada Day approaches Wednesday up here in the north, the TSX is closed, but the US markets will be ready for business. It should be an interesting day as some economic reports hit the fan. Also this weekend is Independence Day down in the South, so if the market is going to make some moves it probably will take place in the next couple of days as Friday should see low volume as investors begin to take their summer vacations.

The internals today were mostly bearish, with a solid close on bearish numbers. However their are several moving averages still under the S&P 500 so watch the price levels and charts.