Solid Reversal For Blue Chips

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 25, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    The stock market indices had a topsy-turvy day, with a gap lower, and a real strong plunge to the downside, taking the Nasdaq 100 down to 4622, only to reverse sharply and run up to 4682, about a 60-point run up. They then backed and filled, consolidated, but held most of their gains at the end of the day. The S&P 500 jumped from 2070 to 2094, before backing off to 2089. It was a solid reversal for the blue chips. Net on the day, the Dow, which was down 17,683, closed up 19.51 at

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