FEED the BULL

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•Stocks bounced between gains and losses early in today's session but by the close the major indexes rose at least 1.4% each.
•SP 500 $SPX $SPY support/resistance moved up from 1,130 to 1,154 and 1,150 to 1,165.
•Support/resistance on the Nasdaq Composite $COMPX $QQQ rose to 2,483 from 2,470 and 2,536 from 2,483.
•Semiconductor Index $SOX $SMH lagged down 0.1%.

Nasdaq Composite

$COMPX

Open gap down to 2,537

Consumer Discretionary

XLY

Open gap down to $36.29

Consumer Staples

XLP

Open gap down to $30.01

Energy

XLE

Open gap down to $62.83

Financials

XLF

Open gap down to $11.90

Health Care

XLV

Open gap down to $32.10

Tickers:
AAPL | BIDU | EDU | GLD | LULU | NTES | PCLN | SLV | SLW | SLW | SPRD | TIP | TLT | USO | UUP | XLB | XLE | XLF | XLI | XLK | XLP | XLU | XLV | XLY
Tags:
General Market News, AAPL, bidu, xlf, XLK, xle, USO, xli, GLD, SLV, xlb, XLV, XLP, XLY, XLU, TLT, TIP, SPRD, uup, PCLN, LULU, SLW, EDU, NTES, COMPX

•After yesterday's brutal sell-off stocks rose with the indices gaining at least 0.4% today palpable to the prior session's losses.
•The broader SP 500 $SPX $SPY support level moved up slightly from 1,128 to 1,130 while resistance remains the same at 1,150.
•The support/resistance levels for the Nasdaq Composite $COMPX $QQQ moved higher from 2,381 to 2,470 and from 2,468 to 2,483.

•Stocks declined heavy again with major indexes down at least 3.2% each today.
•SP 500 $SPX $SPY support/resistance moved down from 1,165 to 1,128 and 1,173 to 1,150.
•Nasdaq Composite $COMPX $QQQ support moved lower from 2,531 to 2,381 and resistance moved lower from 2,549 to 2,468.
•SP 500 and Nasdaq Composite are now both below their moving averages (21, 50, 200).

•Stock sold off hard with major indexes down at least 2% each.
•SP 500 $SPX $SPY support/resistance moved down from 1,199 to 1,165 and 1,204 to 1,173.
•Nasdaq Composite $COMPX $QQQ support moved lower from 2,580 to 2,531 (21 day moving average)-resistance moved lower from 2,598 to 2,549.
•SP 500 is once again below its moving averages (21, 50, 200).

•Major indexes were up at least 1.1% each but reversed course and gave up their gains finishing in a range up 0.1% to down 0.9%.
•SP 500 $SPX $SPY support/resistance moved down from 1,204 to 1,199 and 1,217 to 1,204.
•Nasdaq Composite $COMPX $QQQ support moved lower from 2,602 to 2,580 and resistance moved lower from 2,616 to 2,598.

•Major indexes were down at least 0.4% each but cut their losses more than half.
•SP 500 $SPX $SPY support/resistance remains the same at 1,204 and 1,217.
•Nasdaq Composite $COMPX $QQQ support moved lower from 2,617 to 2,602 (50 day moving average) and resistance moved lower from 2,627 to 2,616.
•SP 500 above 21 day moving average but below 50 and 200 day moving averages.

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