Closed at Highs for the Day Going Away

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 26, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    The stock market indices had a very strong day today. After an early morning dip, they then came on in a 5-wave advance and closed at the highs for the day going away, taking out resistance in a very strong session. Net on the day, the Dow was up 212.30 at 16,697.29, at the high for the day. The S&P 500 was up 21.90 to 1951.70, within pennies of its high. The Nasdaq 100 was up 40.40 to 4241.06, at the high for the day as well. Advance-declines were 3 to 1 positive on New York Stock

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