PRICE AND TURNOVER
Close: 12,200.10
Change: -65.03 (-0.53%)
Volume: 719,929,408
MARKET BREADTH (NYSE)
Net adv/dec issues: -882
Net new highs/lows: -65
Net up/dn volume: -1,604,111,103
The Dow continues its downswing on lower volume. Buyers open the trading session taking the index higher until midday. The intraday rally proves to be shortlived when the sellers take over bringing the index to a decline and closing near the day's low. The intraday chart shows no evidence that today's downtrend is ending. On a very short term basis, the prev support of 12275 has now reversed its role as resistance.
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