Tired

The news continues to be lousy on just about everything a trader would think important and could get worse if the earnings reports this week turn out to be wanting. Downside action on Friday was deep on orderly liquidation but without strong sell strength. That does not make the bull feel any better but it could prove important if the market is able to turn around. Bears will aim for 1315.75, 1777.25, 12266 for the SP500, NQ100 and DJI respectively which are the April 1st lows.