Thursday left the market with a big sell off, but in the same breath a huge recovery off the lows. It was still a red close and on higher volume to leave a distribution day, but an incredible late day rebound to cut the losses in half. Crude fell 88 cents to close at $95.51 a barrel and gold closed up $3.90 at $837.30 an ounce. Basically it was a wild day and one you had to really be on your toes for. Those are fun every once in awhile! The Nasdaq accelerated throughout the day to the downside to see -100 and testing 38.2% support. The Nas 100 and Nas Composite both held [...]
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[Source: The Money Blogs]
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