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Indexes mark five-day losing streak

Evan McDaniel (evan.mcdaniel@optionmonster.com)

Equity indexes declined for their fifth straight session yesterday, marking their longest losing streak since last November.
 
The Nasdaq 100 saw a sharp reversal after opening in positive territory, finishing down 1.64 percent at 2695.12. It was the lowest close for the index since the second week of March.
 
The S&P 500 fell 1.71 percent to close at 1358.59. The small-cap Russell 2000 dropped 2.4 percent to close slightly above support at 784.15
 
S&P 500
Resistance is now 1362.50, followed by 1366 and then 1370.
Support is now 1357.38 (yesterday's low), followed by 1355 and then 1350.      
Nasdaq 100
Resistance is now 2701.41, followed by 2705 and then 2710.50.
Support is now 2688.21 (yesterday's low), followed by 2674.13 and then 2665.
Russell 2000
Resistance is now 787.50, followed by 790 and then 795.
Support is now 783.56 (yesterday's low), followed by 780 and then 777.50.


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