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Downside, but NDX Closes Flat

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 9, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The stock market indices followed through to the downside today, futures were down as well. The day started out down, with big drops at the opening, but they actually held the first five minutes, and then retested about thirty-forty minutes later successfully. That resulted in a big rally, the Nasdaq 100 going from 4643, all the way up to 4703, a 60-point run up, and the S&P 500 going from 2052 to 2074. That was a very big move for the indices. They then pulled back and consolidated, which

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