S&P and NASDAQ reach new session lows

Technical Analysis

Author: Greg Michalowski | sp

A reversal has the broader indices back negative and the day

The broader S&P index and NASDAQ index just ticked to new session lows. The S&P index reached 3319.06. That was down -8.71 on the day. The NASDAQ index ticked 10967.60. That was down -30.79 points on the day. The NASDAQ index reached a new all-time intraday high of 11,023.69 at the high (up 25.3 points).  The S&P reached an intraday high of 5.14 points.

We are already seeing a rebound off the lows but the indices still remain negative on the day. The S&P is down -5.78 points while the NASDAQ index is down -19 points.

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