The index retreats 199pts after yesterday's test of resistance. The short term up trendline remains valid.
TRENDS
* PRIMARY UPTREND | Prior support 11634 | Prior resistance 14030 |
* INTERMEDIATE DOWNTREND | Corrective wave | Prior support 11634 | Prior resistance 13780 | Broken trendline
* SHORT TERM UPTREND | Correction | Prior support 12715 | Prior resistance 13132 |
PRICE AND TURNOVER
Close: 12,828.68 * Change: -199.48 (1.53%) * Volume: 816.2M
MARKET BREADTH
Net Advancing Issues: -923 * Net New Highs: +18 * Net Up Volume: -1,724,621,750
STOCK MARKET, ECONOMY & OTHER HEADLINES
AP|Stocks stumble on record oil, inflation worries|Tue May 20, 5:47 pm ET
AP|Wholesale inflation slows in April after March increase|Tue May 20, 5:48 pm ET
TRENDS
* PRIMARY UPTREND | Prior support 11634 | Prior resistance 14030 |
* INTERMEDIATE DOWNTREND | Corrective wave | Prior support 11634 | Prior resistance 13780 | Broken trendline
* SHORT TERM UPTREND | Correction | Prior support 12715 | Prior resistance 13132 |
PRICE AND TURNOVER
Close: 12,828.68 * Change: -199.48 (1.53%) * Volume: 816.2M
MARKET BREADTH
Net Advancing Issues: -923 * Net New Highs: +18 * Net Up Volume: -1,724,621,750
STOCK MARKET, ECONOMY & OTHER HEADLINES
AP|Stocks stumble on record oil, inflation worries|Tue May 20, 5:47 pm ET
AP|Wholesale inflation slows in April after March increase|Tue May 20, 5:48 pm ET
No comments:
Post a Comment