The sellers certainly have control of the market right now. They keep pushing the indices through support levels on a daily basis. (I'm reminded of the Trading Rule "Bear markets have no supports and bull markets have no resistance.") The 2,000 level on the Nasdaq may be support, just because it's a round number but it sure seems like it's destined to test its 200-day moving average which is at 1975 right now. (Barry's watching 1975 too along with a whole bunch of technicians.)
