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Closed Slightly Lower but Good Trading Day

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 6, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The stock market indices had a slightly lower session, with slightly lower technicals, but it was a pretty good trading day. The day started out with a pop to the upside, and then they took a very steep slide. Midmorning they arrested that slide at key support near 4680 Nasdaq 100 and 2090 S&P 500, rallied back and took about a 50% retracement, bounced in the last hour to take back a big chunk of the losses, and closed slightly lower. Net on the day, the Dow was down 4.15 at 17,863.43. The

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