Today on the Marketbeat:

Market #'s @ Closing Bell:

S&P: -16
DOW: -115
NASDAQ: -37
Rus2K: -
TSX/S&P: -
$VIX: +2.71


Internals:

Core Sector List: 16/0

- NYSE -
BREADTH: 8/1 Neg
AD LINE: -1700

- NASDAQ -
BREADTH: 6.7/1 Neg
AD LINE: -1300

Today on the Marketbeat:

The market that bounced off the lows yesterday Afternoon, gaped higher this morning only to sell off all those gains and pushing towards yesterdays lows and closing there. With a 10 pts ES gap up in the morning, the Futures moved 26 pts of those levels to close 16 pts lower on the day.

The internals were the first clue that this market was standing on shaky foundation as 20 minutes before noon eastern the Breadth crossed over from positive to negative territory. The Ad Line made its highs in the first 20 min, then bled off to the lows of the day which it too closed at.

The market seems to be in need of some time to work out which direction they want to continue towards in the coming weeks, until there is a clear direction look to take profits on shorter termed trades.