Closed Down with Slightly Positive Technicals

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 24, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    The stock market indices started off the week with a bang in the morning, and reached new highs for the rally, but abruptly turned, and then profit taking set in, dropping from 4707 to 4656 Nasdaq 100, a 50-point drop. The S&P 500 dropped back from 2096 to nearly 2081, and then they bounced in the last hour to finish down on the day, but off the lows, with slightly positive technicals. Net on the day, the Dow was down 31.13 at 17,792.68. The S&P 500 was down 2.58 to 2086.59. The Nasdaq

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