Downside Follow-ThroughBy Harry Boxer, The Technical Trader (www.thetechtrader.com) The indices had another follow-up down session and ended the day at thelows for the day going away, after a nasty afternoon slide wiped outall of the morning rally efforts. They did start out with a move up,backed off and retested, but then rallied up to key overheadresistance, slightly took them out, but had no follow-through, and thenbegan a rollover late in the morning, which accelerated after lunchhour. They did manage a[...]
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[Source: The Money Blogs]
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