Watch Art Cashin: S&P testing this key support level

Art Cashin says investors should keep an eye on a key support level for the S&P 500 stock index that's already been tested several times today.

Cashin, UBS' director of floor operations at the NYSE, told CNBC's Bob Pisani around midday that if the S&P goes below the 1693-1695 area, it would be breaking through the "neckline of a head and shoulders" pattern, a bearish sign.

"So far, tested successfully. We'll see how long they can keep it up."

Contact Stocks


    Get the best of CNBC in your inbox

    To learn more about how we use your information,
    please read our Privacy Policy.
    › Learn More