Equities closed near their lowest levels as the 50 day SMA on the SPX was again rejected - range for the day on the SPX 1061/1045 and a close at 1046.5- not real bullish -
Strong sectors- emerging markets, drugs, metals, semis and tech.
NYSE- 250 net winners;
NAZ- 550 net losers;
SPX- 290 GREEN;
NDX- 67 GREEN;
VIX- 27.9 and 6.5% above the SMA 10.
Probably a range trade for the balance of the week as neither the bulls nor the bears seem to have a leg up here- let em battle it out and see where we go next week.