S&P 500 Breaks Out To Eight Day HighsBy Harry Boxer, The Technical Trader (www.thetechtrader.com) The markets had a very strong close and put on a good show to start theweek. The day started out with a move down off of the late spike rallywe had on Friday, but they held initial support and then ralliedsharply to new session and 2-day highs. Then they started a 3-wavepullback that severely tested the session lows on the Nasdaq 100 butheld about 5 points above the lows on the S&P 500. When that heldth[...]
Read More...
[Source: The Money Blogs]
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment