Resistance Repels Morning Rally By Harry Boxer, The Technical Trader (www.thetechtrader.com) The markets ended mixed today, with two distinct parts of the session: up in the morning and down in the afternoon.The morning rally failed right at yesterday’s highs. Resistance wasformidable today, and they rolled over. Late in the session they didre-test yesterday’s lows, but held there as well, and then had a latebounce that took them off the lows for the session.Net on the day the Dow was up just[...]
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[Source: The Money Blogs]
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