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Technicals Stayed Strong Despite Early Morning Dip

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 4, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The stock market indices had a really good session, even though they were down in the morning, and looked like they could be breaking, especially the Nasdaq 100. Both the advance-decline and up/down volume were very strong, even during the down part of the session. It led me to believe we would get a rally, and we did, taking the S&P 500 to new highs, but the Nasdaq 100 closed down on the day. Net on the day, the Dow was up 44.58 at 16,943.90, 123 points off the low. The S&P 500 was up

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