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U.S. markets finished mixed on Tuesday with the Dow closing in the green for the 6th-straight session after setting another record high on the open. The losses were somewhat contained with the S&P 500 and Nasdaq sliding a half-point and 0.3%, respectively. However, the Russell 2000 tumbled 1.3% to test late September support on the double-top breakout above the 1,450 level.
The low reached 1,476 with a move below 1,470 and the 50-day moving average being a bearish development for a possible back test towards 1,450 to fill the gap.
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