Tuesday, August 27, 2013

S&P 500 Price/Volume Heat Map- 8/26 Trading Edition

And then Friday's gains or gone. After trading higher most the day, the market ended up closing down about 40 basis points, largely attributed to the events and impeding attack on Syria. Whatever the causes, nearly all sectors sold off in the later hours of trading.

This was as very little demand side pressure was present in yesterday's trading. All sector groups experienced neutral to negative supply/demand balances as shown in the price/volume heat map. This weakness looks to apparently repeat today.

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