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Today's Highs Represent Key Hurdle

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 16, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The stock market indices had an up session the second day in a row. After a very strong start with a gap up, and a very strong surge early on, it pulled back, tested support, ran up to nominal new highs, but couldn't extend beyond that in the afternoon. They drifted back down, selling off to retest support. Net on the day, the Dow was up 156.41 at 17,524.91. The S&P 500 was up 21.47 to 2043.41. The Nasdaq 100 was up 27.17 to 4597.33, about 40 points off its high. Advance-declines were 4 to

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