PRICE AND TURNOVER
Note: To avoid redundancy, if the price and turnover data are reflected in the charts, they will no longer be repeated in the commentary.
MARKET BREADTH NYSE
Net Advancing Issues -1261
Net Up Volume -162M
Net New Highs -358
TRENDS
*PROVISIONAL PRIMARY DOWNTREND | Directional wave | Prior support 11634 | Prior resistance 13136
*INTERMEDIATE DOWNTREND | Directional wave | Prior Support 11731 | Resistance 13136
*SHORT TERM DOWNTREND | Directional wave | Prior Support 12076 - Broken | Resistance 12320 | TP 11800
TECHNICAL ANALYSIS
The index continues the current downswing of the short term downtrend. The indicators show no letup in the decline.
Note: To avoid redundancy, if the price and turnover data are reflected in the charts, they will no longer be repeated in the commentary.
MARKET BREADTH NYSE
Net Advancing Issues -1261
Net Up Volume -162M
Net New Highs -358
TRENDS
*PROVISIONAL PRIMARY DOWNTREND | Directional wave | Prior support 11634 | Prior resistance 13136
*INTERMEDIATE DOWNTREND | Directional wave | Prior Support 11731 | Resistance 13136
*SHORT TERM DOWNTREND | Directional wave | Prior Support 12076 - Broken | Resistance 12320 | TP 11800
TECHNICAL ANALYSIS
The index continues the current downswing of the short term downtrend. The indicators show no letup in the decline.
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