Indexes cut losses but still close lower

U.S. equity indexes declined for fourth straight session yesterday after the European Central Bank failed to take immediate stimulus measures, but they closed well off their lows.

The S&P 500 fell 10.32 points, or 0.75 percent, to close at 1365 after trading a low as 1354.65 in the first half of the session.

The Nasdaq 100 declined 9.61 points, or 0.36 percent, to close at 2625.52 after falling as low as 2606.54.

The Russell 2000 shed 2.43 points, or 0.32 percent, to close at 768.60.

S&P 500
Resistance is now 1366.22, followed by 1370.50, 1375.37, and 1378.50.
Support is now 1363.50, followed by 1360, 1354.75 (yesterday's low), and 1347.78.
Nasdaq 100
Resistance is now 2629.43, followed by 2635.80, 2640, and 2655.
Support is now 2620, followed by 2616.15, 2610, and 2606.54.
Russell 2000
Resistance is now 769.34, followed by 772.66, 775.68, and 779.13.
Support is now 767, followed by 765.20 (yesterday's low), 762.50, and 760.


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