Stock Indices Recap - 10/13/2016

October 13, 2016 10:35AM CDT

December S&P finished down 5.3 at 2126.2, 5.3 off the high and 18.2 up from the low. December S&P E-Mini closed down 5.5 at 2126. This was 18.25 up from the low and 6.25 off the high.

A big range down and reversal in the stock market today would seem to give off a sign of a bottom and a corrected technical condition. However the market still spent most the session in negative ground and that suggests the bull camp wasn't exactly beating a path back into the long side. The markets were put off balance by Fed comments but that same dialogue seemed to lift Treasuries which suggests that stocks and bonds have slipped back into a suspect relationship.

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