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Strong Session and Good Technicals

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 23, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The stock market indices had a very strong session, starting the day with a nice gap up, then a 5-wave advance to midsession, they pulled back, did a Fibonacci retracement, which held support. They then rallied back, but they couldn't get through, and then backed and filled into the close, and ended with a very strong session. Net on the day, the Dow was up 320.55 at 17,489.16. The S&P 500 was up 89.69 to 2503.22. The Nasdaq 100 was up 31.17 to 4510.90. That was a huge day there, up over

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