NOTE: Please click on the charts below to enlarge them if they do not appear clearly.The major indices closed lower for the second straight session yesterday, but the intraday action was not as negative. The broad market gapped down on the open, initially moved a bit lower, then stabilized and drifted sideways throughout the rest of the day. This compares more favorably to Monday’s losses, which resulted from steady intraday downtrends in all of the main stock market indexes. The S&P 500 fell 0.7%, the Nasdaq Composite 0.6%, and the Dow Jones Industrial A[...]
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[Source: The Money Blogs]
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