As the markets break down, they're sending up some key technical warning signs, says Marketwatch...

|By:, SA News Editor

As the markets break down, they're sending up some key technical warning signs, says Marketwatch contributor Tomas Kee. The S&P 500 broke through a key support level at 1192, with similar breakdowns in the Dow and Nasdaq. Regardless of whatever news event may have caused it, the break was significant enough not only to change the recent trend, but it also presents a more comprehensive bearish case for the days and weeks immediately ahead.