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Consolidation Follows Yesterday's Run Up

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 30, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The stock market indices had a really interesting session, although they were down at the close. They had a positive consolidation following yesterday's run up in the afternoon. There was a pullback early morning, they held support, and worked their way higher all day. At the end of the day they actually broke out on the S&P 500, getting up to 2092.50, and then backing off to close down slightly on the day. Net on the day, the Dow was down 23.72 at 17,755.80, 30 points off the high. The

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