Market Comfortable Below 200-Day MA

The S&P 500 has not been able to bounce above this major moving average and that is a sign of steady selling pressure.

PRE-OPEN MARKET COMMENTS THURSDAY - The only news this week has been the Iran war. Oil prices remain elevated and the strait is still shut down. US troops are in transit and for the time being a cease fire is in place. This is a negative backdrop.

Daily Bulletin Continues...