NOTE: Please click on the charts below to enlarge them if they do not appear clearly.On Tuesday, the major indices were poised for a rally by gapping up above key resistance levels, but they promptly sold off and closed in the red. Yesterday’s action was the opposite. Stocks opened weak, below pivotal support levels, but reversed to finish the day higher. The Dow Jones Industrial Average rallied 0.7%, the S&P 500 0.8%, and the Nasdaq Composite 0.9%. Mid-cap stocks showed relative strength for a change, enabling the S&P Midca[...]
Read More...
[Source: The Money Blogs]
No comments:
Post a Comment