Keeping up with the rally was always going to be difficult, especially after we saw the S&P erasing all of this year’s losses overnight. Seems like investors have chosen today for some profit taking. All indices ticked lower at the open and have no desire to move the opposite way. Volumes are still pretty robust across the board and although our pad is dominated by sell orders today, note that we are still seeing money going into the Autos, Banks and Oil sectors. On the positive side of all, we might be set for more busy sessions before the weekend!
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