Buyers Are Not Chasing

Since the breakout a month ago the market has gradually been drifting lower.

PRE-OPEN MARKET COMMENTS THURSDAY - The market has been giving back the gains since the breakout a few weeks ago. Interest rates remain elevated, economic conditions are soft and earnings reactions have not sparked buying. SPY $760 is a key support level and it is poised to be tested in the next few days.

Daily Bulletin Continues...