Another gruesome session with the three major indices in the red, but well off the session’s lows. The index is now testing critical support (4,233), the current 200-day moving average.

Eight sectors remain in negative territory with Energy at the bottom.

The breadth is decidedly bearish this afternoon, and the volume is extremely light.

The mood on the Street continues to be clouded by geopolitical concerns and the massive run up in yields. There is a nice lunch time bounce, let’s see if it holds.

Have a great weekend.