S&P 500 Index Poised To End The Year In The End

The cash S&P 500 index is trading in the red by 12 points at 2051.36 in the final session of 2015. The sell off from late in the day on Wednesday has carried over into Thursday's session. The index ended 2014 at 2058.90. All ten of the top ten component of the index are in the red. Leading the way on the downside is the indexes top component

shares which are trading lower by $1.17 at $106.15. It should be noted that the issue has once again found support in the $105 handle. Today's low pf $105.89 coincides with its December 18 ($105.81) and December 19 low ($105.57).