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Up Day with Non-Confirming Technicals

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 13, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The stock market indices started the day off sloppy, they moved up, consolidated, and closed firm. It was an up-day, but with lousy technicals. I'm not happy at all with what I saw today. Perhaps the indices is getting week and/or tired, and in need of a bigger pullback. Although, I'll have to admit, the market did hold up well. Net on the day, the Dow was up 47.47 at 17,131.86, just 8 points off the high for the day. The S&P 500 was up 2.57 to 2017.46, a point off its high, and 7 points

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