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Originally Posted by coolhand

The market started out hot at the open, but peaked after an hour and began to slowly give back its gains all the way into the close. But it was still a mixed close with the DWCPF closing positive, while the S&P had a negative close. If this is what selling pressure looks like, the bulls will take it.




No serious damage to the charts, but the S&P is the decidedly weaker index. And it isn't in bad shape

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Stocks battled back from sharp early morning weakness to close with just minor losses on Friday. The Dow gained 47-points thanks to a 14% gain in Disney's stock, bucking the negative trend of the broader market indices. The S&P 500 ended the week with a modest, and probably much needed, loss of near 1%, while small caps continued their winning ways with another positive week. Bonds were up and may have broken out - again?

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