P Spx: Market Snapshot

p spx: Everybody is sort of scratching their heads about this market, Newton, an independent technical analyst and financial blogger, told Market Watch, according to Market Watch. It is a challenging market to have any conviction, really on either side up or down , he said. The best description of the docile trading lately may be Mark Newton characterization: no-man's-land. Read:How the almighty dollar will tell you where stocks are going next Newton added that the level of disgruntlement in the market is high given that the S&P 500 SPX, -0.01% has hovered around 2,140 since July : Caption outside of wrapper for normal article images The S&P 500 hasn't made much progress over the past four months. Check out:Market Watch Market Snapshot It is tough to argue that we've seen the level of complete washout that might help support higher prices, Newton said. Underscoring that point, the S&P 500, the Dow Jones Industrial Average DJIA, -0.09% and the Nasdaq Composite COMP, +0.30% are trading nearly flat over the past 30-day period, according to Fact Set data. (news.financializer.com). As reported in the news.