Aug 7, 2015
Equities lower amid another day of key technical levels breached...
...as the S&P closed out with another losing week (falling 4 of 5 sessions), and now down for a 5th weekly drop in seven after taking out its 200 day moving average support level (2,073) – but major averages did pare losses into the close. The Dow Industrials slid for a seventh consecutive losing session (first time in 4-years), and has traded down over 1,000 points from record highs.
HammerstoneReport Closing ReCap -8/7/15