Stocks are selling off as investors continue to face a wave of negative or uncertain news.
The S&P 500 (SPY) is declining from resistance and looks headed for a test of 2900.
In today’s video, we discuss key technical levels across the stock market indices, while diving into a sector analysis. Here’s a recap:
– The S&P 500 is fading from resistance at 2,950.
– The Technology Sector (XLK) near relative highs
– New relative lows for the Energy Sector (XLE).
Stock Market Today Video – October 8, 2019
Twitter: @DanRusso_CMT
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