Indices Continues Consolidation

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 28, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The stock market indices had another mixed session today as it continues to consolidate the big gains, and still remaining in consolidation, coiling-type patterns, which they've been in over the last three sessions. They did reach and retest the Friday high up around the 4645-46 area on the Nasdaq 100. The S&P 500, however, trailed that, and is in a down channel. Late in the day, though, that channel was tested, and closed near the afternoon rally highs, but certainly off the session

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