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Ugly Close On Quadruple Options Expiration Day

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 21, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The stock market indices had a very, very bad day and closed at the session lows, down very big numbers. They started out with a move down, and stair-stepped their way lower all day, forming bear flags and wedges. At the end of the day in the last five minutes they plunged even further into the lows. Net on the day, the Dow was down 367.39 at 17,128.45, one point off the low. The S&P 500 was down 36.37 to 2005.52, just pennies off its low. The Nasdaq 100 was down 83.31 to 4514.83, a point

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