The market seems to be sliding right from the fingertips of the bulls as we slice right through the 50 day moving average this morning. Keep an eye on the speed of the market here as some key technicals give way.
Here’s a daily candlestick chart of the S&P 500, which shows the key breakdown. Today’s close will be important. Let’s see if the bulls can hammer out a save, 2,349 is the battle line:
swift move to 2300 please!
it appears we are already back to our regular scheduled bull program