2012 October 23 - CLOSE

Nice range on Priceline (PCLN) yesterday and good Volume.  Gold continues to drop after hitting resistance (GLD).  IWM still remains bearish as it is under the 20 DMA, but there is support at the 200 DMA.

JPM is hanging out between support and resistance right now.  XOM took a big tumble, and next support level is around $86.65.

Finally, pay attention to the S&P Bullish Percent.  The number of stocks in the S&P 500 on Buy signal is decreasing.  If it drops under 70, there could be a massive selloff in the market.