The market turned gains of at least 2.8% each on the major indexes into minimum profits of only 1.1% as stocks gave up more than half of their intra-day returns.
The major indexes closed below their intra-day session mid-points.
Even so the support/resistance levels on the SP 500 did rise from 1,154 to 1,173 and from 1,165 to 1,183.
Same for the Nasdaq Composite as support is now 2,540 from 2,483 and resistance 2,549 from 2,536.
SP 500 traded above its 21 day moving average intra-day but closed below it and remains below its 50 and 200 day moving averages as well.
The Nasdaq Composite managed to close above its 21 day moving average and traded above its 50 day moving average intra-day but closed below it. The Nasdaq is below its 200 day moving average as well.
The gap down to 2,537 in the Nasdaq Composite was closed at today's market open.
However, the Nasdaq Composite created a gap up to 2,519.