US Stock Market Alert. The market has now completely reversed the gains from last Friday's employment report. The S&P 500 failed to take out the 1812.50 resistance. Major indexes are now starting to break down below last week's lows. The NASDAQ 100 is now sitting on the edge of a new daily sell signal. The Pros are now starting to give up control of the Dow and the S&P 500. Buy signals in the gold sector have now reversed. We will watch to see if the S&P 500 holds mathematical support @ 1777.34