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Dow Downtrend Continues, Nasdaq Stays Positive as Tech Recovers

The Dow Jones Industrial Average index has continued its downtrend from late December and will take considerable improvement to help the broader rally continue, according to Mark Newton of Greywolf Equities. Newton points out the Nasdaq has not moved with the Dow and the tech sector has been positive. He has also seen positive signs in the health care group as well. Newton shares the levels and the indicators he is watching to get an idea of the market's direction.