NEW YORK (TheStreet) -- The stock indexes finished the trading week on an ugly note.
The DJIA was lower by 280 points to close at 17,826.30 and the S&P 500 lost 23.81 points to close at 2,081.18. The Nasdaq lost 75.97 points to finish at 4,931.81 while the Russell 2000 lost 21.04 to close at 1,251.85.
For the week, the DJIA was lower by 1.28%, the S&P lower by .99%, the Nasdaq lost 1.28% and the Russell 2000 lost 1%.
Where do the stock indexes go from here?
As many know, the indicators have been signaling caution going forward for a while now. It sometimes takes a while for the markets to catch up with those signals.
The markets may bounce higher on Monday, but the short term trend is down and traders should heed the signals.
This article is commentary by an independent contributor. At the time of publication, the author held no positions in the stocks mentioned.