Market #'s @ Closing Bell:
S&P: +42
DOW: +5
NASDAQ: +
Rus2K:
TSX/S&P:
$VIX:
Internals: 12/4
Core Sector List: 10/6 Bulls
- NYSE -
BREADTH: 1.2/1 Pos
AD LINE: -16 Ticks
- NASDAQ -
BREADTH: 1.5/1 Pos
AD LINE: +530 Ticks
Today on the Marketbeat:
The market continues to knock on the door of 1090 support to the downside on the $SPX. This is really the last leg of support before the market could enter a free fall mode that could take us down a sizable amount. But like before the bulls do not seem content on that happening just yet. The market was a bit of a mess today as it flirted under 1090 for a good part of the day, hitting a low of 1078.5 on the ES Futures. However, around 2:30pm the market flew off that low and ripped over 10 pts to the upside, making a new intra-day high and pegging that level at the close.
The internals matched the markets messy day as they were all over the place until the last hour where they closed at their respective high levels of the day to the upside, with the Core Sector list closing the day 12.4 to the upside and the breadths having a slightly bullish close.
This week promised to be an interesting week and has not disappointed thus far as it has ripped every direction every day, with Friday looming 2 days away we could see more of this madness, keep a keen eye on 1090 on the $SPX
Happy Trading



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