Market View: Stock indices slip back slightly off highs/resistance in midday trade -Update- -Technical-
Financials (XLF) provided leadership in opening action and again after the first hour gap pullback with the stock indices running to/pausing near resistance highlighted earlier at 1484 S&P 500 (200 day sma) and 2668/2673 Nasdaq Comp (congest/50 day ema). The Dow has paused shy of resistance at 13461/13466 (50% retrace of Oct-Nov decline, last Friday's recovery high
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.