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Michael Ashbaugh

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Feb. 1, 2021, 12:05 p.m. EST

Charting shaky technical tests, U.S. benchmarks maintain key support

Focus: Traditional sector leaders (barely) maintain key support, QQQ, XLF, IYT, CAR, F, NTGR

By Michael Ashbaugh, MarketWatch

U.S. stocks are higher early Monday, rising to start February in the wake of a respectable market downdraft.

Against this backdrop, each big three U.S. benchmark has registered a shaky — but apparently successful — retest of its next notable support. The session close will likely add color.

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