The Traderszone Network

Published in TZ Latest News 1 October, 2014 by The TZ Newswire Staff

Correction Extends as Oversold becomes more Oversold

The song remains the same. Market performance deteriorated as we moved down in market cap on Tuesday. The S&P 500 SPDR (SPY) declined .26%, the S&P MidCap SPDR (MDY) fell .89% and the Russell 2000 iShares (IWM) lost 1.51%. Large-caps are the only bastion of strength in the market right now. Six of the nine sector SPDRs were down with materials and energy leading the way lower. The Home…