Stocks sold off in the final hour with small-caps leading the way lower. As the market summary page shows, the S&P SmallCap 600 ($SML) and the Russell 2000 ($RUT) led the afternoon decline with losses greater than 1.5% on the day.
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About the author:
Arthur Hill, CMT, is the Chief Technical Strategist at TrendInvestorPro.com. Focusing predominantly on US equities and ETFs, his systematic approach of identifying trend, finding signals within the trend, and setting key price levels has made him an esteemed market technician. Arthur has written articles for numerous financial publications including Barrons and Stocks & Commodities Magazine. In addition to his Chartered Market Technician (CMT) designation, he holds an MBA from the Cass Business School at City University in London.
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