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Topsy-Turvy, Volatile, Mixed Session

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 6, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The stock market indices had a topsy-turvy, volatile, mixed session, with a firm opening, and then a 3-wave corrective pullback. By midday they hit their session lows. They rallied back midafternoon, but could not get through resistance, backed off, and then consolidated to close slightly up on the Dow and S&P 500, but down on the Nasdaq 100. Net on the day, the Dow was up 9.72 at 17,158.66, 100 points off its low and 40 points off the high. The S&P 500 was up 4.05 to 2016.71, 12

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