Thursday, October 14, 2010

Daily Market Commentary: Recovers Losses

A neutral day for the markets; a spate of buying in the last hour helped recover earlier losses. Volume, while high, was not greater than yesterday's - so no confirmed distribution.

The S&P is holding former rising channel support



Same with the Dow



For other indices there was little to add. Google's afterhours boost may be enough to see markets push higher and keep bulls buying.

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