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S&P cracks lows of consolidation in first hour of trading

after first hour of trading we see S&P has now violated the lows of the last couple weeks which had held back on 7/27.. so anything under 2457 keeps defensive stance intact and still right to be cautious.  Breadth about 4/1 negative and seeing near 1% losses in Technology and in Financials, with all 11 sectors down, but Energy, Telecom, Staples outperforming-  Yields pulling back with stocks today as might be expected and the flight to quality trades into Yen and Gold-  4 of the top 5 losers today all retail related.. and M, KSS, SIG, TGT all down more than 3%.  On the upside-  PRGO, TRIP, BHF, RRC all higher by 2% or more and important to note that 4 of the top 10 outperformers within S&P today are Energy related