NOTE: Please click on the charts below to enlarge them if they do not appear clearly.Stocks closed moderately lower across the board yesterday, but the major indices held within support of their recent trading ranges. The Dow Jones Industrial Average slipped 0.3%, the S&P 500 0.5%, and the Nasdaq Composite 0.7%. Both the small-cap Russell 2000 and S&P Midcap 400 indices gave up just 0.1%. All the losses were the result of a broad-based opening gap down, as stocks subsequently meandered in a tight, sideways range throughout the entire day before closing near the m[...]
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[Source: The Money Blogs]
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