THE CLOSE

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.