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Market slipping as yet another retest of late February highs looks to have held

Just past 130..Tillerson due to make comments at 2pm-   Europe closed near the days lows about an hour ago with most indices lower by 1%..   US has managed to snap back a bit in both DJIA and also S&P, while NASDAQ has underperformed for most of the day .. Breadth remains mixed.. While Volume a bit heavier in DOWN stocks vs UP-  Both Technology and Financials down today.. Which at 40+% of S&P, is important.. But Energy far and away the worst performing sector.. Lower by -.44% and Utilities also ddropping despite Bond yields lower-   ON the flip side.. Healthcare has gained 0.50% today the best performing group, while industrials also showing 0.25% gains with Transports a notable positive , higher by more than 1%.. And since the beginning of March with the Airlines a notable outperformer in the last couple weeks-  The Dollar's decline also looks important for today.. with meaningful weakness vs Euro and Pound Sterling and Canadian Dollar.. This has helped to jumpstart some of the lagging metals in the last week, and a good bump in many of these stocks that had been hard hit in the last week as Dollar and Yields rose.. such as NEM, ALB, SEE, FCX, VMC TECK.. Overall for S&P, prices have managed to temporraily regain yesterday's 2783 lows after early weakness..  But still overall a negative day after giving up all earlier early am gains.. And upside looks limited both price and time wise for the balance of this week.  UNDER 2740 necessary to have any sort of conviction for a larger pullback getting underway-

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