SPX
After three consecutive down days, the SP500 finally was able to close with a small gain of 0.87 or 0.04% at 2080.15, which is the same close as May 6, 2015.
(click on the chart to enlarge)
DJIA
The Dow Jones Industrial was in and out of the positive territory near the close, but was unable to close with a gain and ended the session with a loss of 2.51 or 0.01%, and made it four consecutive days closed with a loss.
DJT
The Dow Jones Transportation continues its downward slide after last week’s dead cat bounce. The next potential support level is near 7893.26.
NDX
The Nasdaq 100 closed with a loss of 3.91 or 0.09% at 4427.61, four days in a row closed with a loss. It made a strong bounce from today’s low and holding above the 4379.75 pivot support level. If it breaks this support level, then it could be headed down to test the March 2015 pivot level at 4305.38.
RUT
The Russell 2000 bounced off from the 1208.47 support level and now it appears to be on its way back down to complete the right shoulder of the head & shoulder pattern. If it forms the head & shoulder and breaks the neckline, the measured move from this pattern suggests a possible move toward 12/16/14 close at 1139.38.
