Technical analyst Dave Chojnacki of Street One Financial recaps Monday’s continued market weakness and updates the critical technical levels to focus on, as stocks look to bounce from the recent lows.
With no major news to move the markets on Monday, equities followed through on Friday’s Tech selling and opened lower. The Dow Jones Industrial Average (DJIA) and S&P 500 (SPX) traded in a narrow range, while the Nasdaq 100 (NDX) was taking on bigger losses from the Tech sector.