Market finished down, but not enough to write home about. We tried to slide further into negative territory today but the 20 day moving average (orange line) keep holding up the indicies. Stocks are mirroring the same patterns as indexes, a good sign of breadth. So, we have our risk and support now defined at the 20 day. Buy the S&P here, and put a stop below the 20 day ($140.00). Same applies with individual stocks on their respective support lines. As long as the S&P goes higher stocks will outperform. A rising tied brings up all ships.
