The Traderszone Network

Published in TZ Latest News 1 June, 2015 by The TZ Newswire Staff

Breadth Turns Bearish, IWM Contracts and USO Challenges Channel Line

Stocks were all over the place last week. The S&P 500 plunged on Tuesday, rebounded on Wednesday and fell back on Thursday-Friday. For the week, the major index ETFs ended lower by around 1%. All sectors were lower with energy and industrials leading the way down. The healthcare and technology sectors held up the best and continue to lead the market on the upside. Banks also held up fairly…