Market Review: Markets Are Still Feeling Selling Pressure

The market is still trading into weakness.  Earnings on a number of companies have not met expectations and the market has been trading in a downward channel since the beginning of October.
Technology has been particularly beaten up and with Yahoo and Apple announcing this week any more disappointment will weigh on the markets. 

I would expect a bounce back tomorrow, but if some of these companies miss, expect that market to continue to accumulate selling pressure.

SPY
Key Support Levels $143 and $140.50



Happy Trading