New All-Time High for Dow, 7-Year Highs for NDXBy Harry Boxer, The Technical Trader (www.thetechtrader.com) It was a very strong session to start the week, and the indices startedthe day with a strong surge from the opening, followed through forabout a half hour and then pulled back and consolidated bullishly. Theythen had another leg up. By mid-day they went into another flagformation, consolidated bullishly again, and then had a 3-waveafternoon rally that hit new 7-year highs on the Nasdaq 100 and newrally highs on the S&P 500, which came close[...]
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[Source: The Money Blogs]
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