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Back-Breaker Day for Recent Rally

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 10, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The stock market indices may have ended the short-term uptrend, which they were in for a couple of weeks. The day started with a smack to the downside in a pretty nasty slide, with the indices breaking early on and sliding all morning, stabilizing midday, and trying to rally late in the day. Only a pullback at the end of the day kept them from a bigger rally. Net on the day, the Dow was down 179.85 at 17,730.48. The S&P 500 was down 20.62 to 2078.58. The Nasdaq 100 was down 51.72 to

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