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Originally Posted by coolhand

The bears tried to take the market down today, and while they had some success it was limited. Small caps got hit hard early, but the bulls countered with buying pressure; erasing about half of the losses on the DWCPF by the close. The bulls also managed to bring price back near the neutral line on the S&P.




Overall, we have limited damage on the charts. I would argue we don't really have any if we allow

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Stocks opened higher on Tuesday, but the highs of the day were made about an hour into the trading day and they never did much after that, although they did close off their lunchtime lows. The indices were mixed with the Dow gaining 64-points with help from the financial and energy stocks. The S&P 500 was fairly flat, the I-fund rallied, and the Nasdaq and small caps were down.

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