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CNBC’s Street Signs


Pressure point: Where the market broke

John Kosar, Asbury Research, explains what was technically behind last week’s market selloff.

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The “top heavy” market that John Kosar warned could trigger some near term selling materialized as expected as the S&P 500 collapsed from 1966, the closing quote on the day John appeared on CNBC, by 145 points or 7% to a low of 1821 on October 15th.

CNBC’s Street Signs:

CNBC_09-25-2014

Appeared on:
September 25th, 2014 at 12:14 pm