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Tough Way to Start the Week

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 1, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    The stock market indices had a tough session to start the week, down across the board. The day started out with a pop to the upside, and then they immediately sold off in a 3-wave decline to mid-session. They bounced around, and held the lows on the Nasdaq 100, while the S&P 500 made a slightly higher low, and then they rallied to early afternoon, snapping back about two-thirds of the losses, but they couldn't maintain that. When resistance thwarted the advance, they then rolled over

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