iBankCoin
Joined Jan 27, 2008
7,178 Blog Posts

Still Struggling with 3,000

The S&P 500 failed miserably again, at the 3,000 mark, closing at the lows of the day. The after-hours session did not help the cause as more disappointing numbers hit the tape. 3014 was the high of the day and now becomes an important level if this market is to break higher. We still have a bunch of quarterly reports on the way so be on guard for anything.

With today’s weakness, we still had a number of large hybrid movers hit Exodus, nearly 200 tickers. For those interested in the list, I’ve imported them to finviz: CLICK HERE FOR CHARTS

Charts to watch as we end the week can be found below. These are my favorites from the above screen:

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