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Good afternoon, Elliott Wave fans. I’m Derek Bruce with Market Minute for Monday, December 9th.

Stocks reversed and closed down across the board today. Want to know which direction they are headed next? Our just-posted Short Term Update has you covered. Check it out now.

The Dow Industrials closed at 27,909.60, down 105.46.

The S&P 500 closed at 3,135.96, down 9.95.

The NASDAQ Composite closed at 8,621.83, down 34.70.

1,488 stocks closed up while 1,394 closed down. TRIN was 1.07.

E-mini S&P futures topped out at 3149.50, had a low of 3132.75 and closed at 3132.75. E-mini Nasdaq futures hit a high of 8427.25, a low of 8351.50 and closed at 8356.

In late trading:

T-bond futures were up 11 tics at 157^31.

The US Dollar index was down .04 at 97.64.

Gold was up 10 cents at $1465.20.

Silver was up 5 cents at $16.65.

Stocks reversed and closed down across the board today. Want to know which direction they are headed next? Our just-posted Short Term Update has you covered.

Check it out now.

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