Indices End Positively, Though Bear-Flag Formations Portend More DownsideBy Harry Boxer, The Technical Trader (www.thetechtrader.com) The markets had a very unusual day today. With most of the momentumstock groups getting hammered, the indices still managed to close up onthe day, but it was basically back and forth action for most of thesession, as they started out with a pop to the upside, got a quickpullback, and then had a strong rally that took them to the sessionhighs early in the morning. They backed o[...]
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[Source: The Money Blogs]
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