Breaking Out of Range
S&Ps are trying to break out to the upside of the 1142-1144.50, but there is not much interest in the pit right now.
Earlier, S&Ps held the 1142 support area and below that we’re looking for a retest 1136.
Nasdaq began to creep into positive territory. But look out for slow, choppy grind higher.
On the downside, the market gets increasingly bearish below 1600, and below that, we have support at 1580 and then 1565-1560.