PRICE AND TURNOVER
Close: 12,814.35
Change: -206.48 (-1.59%)
Volume: 726.8M
MARKET BREADTH
Net Advancing Issues: -1475
Net New Highs: +23
Net Up Volume: -2,667,875,663
TECHNICAL ANALYSIS
The short term uptrend is undergoing correction after encountering resistance on May-2 * The pullback does not diminish the validity of the minor trend * Odds favor a switchback at or near trendline support * Primary consolidation * Intermediate downtrend * Minor uptrend * Support 11700/12300 * Resistance 13250
TODAY'S MARKET HEADLINES
AP|Stocks retreat as oil prices creep higher|Wed May 7, 6:15 pm ET
AP|Oil jumps over $123on drop in diesel, heating oil supplies|Wed May 7, 6:11 pm ET
Close: 12,814.35
Change: -206.48 (-1.59%)
Volume: 726.8M
MARKET BREADTH
Net Advancing Issues: -1475
Net New Highs: +23
Net Up Volume: -2,667,875,663
TECHNICAL ANALYSIS
The short term uptrend is undergoing correction after encountering resistance on May-2 * The pullback does not diminish the validity of the minor trend * Odds favor a switchback at or near trendline support * Primary consolidation * Intermediate downtrend * Minor uptrend * Support 11700/12300 * Resistance 13250
TODAY'S MARKET HEADLINES
AP|Stocks retreat as oil prices creep higher|Wed May 7, 6:15 pm ET
AP|Oil jumps over $123on drop in diesel, heating oil supplies|Wed May 7, 6:11 pm ET
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