The market had a pretty good run up of 25 points to 1170 today before retracing and giving back 15 points to close at 1155, overall that was a total 40 total points today!
After all the run around the market closed below the 20 day moving average.
We have resistance in place at 1185 which was previous support on the strong pullbacks we had with higher than average volume and support is in the 1135 - 1140 area.
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