Orderly Pullback, Corrective-looking Pattern By Harry Boxer, The Technical Trader (www.thetechtrader.com) As we’d anticipated, the market had a weak session. It was quite thetrading range early in the morning when the indices vacillated back andforth. In the afternoon they rolled over in a 3-wave decline that tookout the morning lows, particularly on the S&P 500. Finally, late inthe session the indices made nominal new lows, even on the NDX, but inthe last hour they snapped back. That last-hour snapback rally failedat the 2 day declining tops lines [...]
Read More...
[Source: The Money Blogs]
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment