Wide(r) Range Day Breaks the Monotony

There wasn't a whole lot going on today. The Russell 2000 closed with a potential 'bull trap' that could evolve into something bigger, perhaps the only index offering shorts anything as of today's close.

The Nasdaq is hanging on to its breakout. The closing doji is a concern, but its threat is not the same as the Russell 2000.

The S&P had a neutral day, closing right in the middle of its range day. Not much else to say.

Tomorrow is another day...


Accepting KIVA gift certificates to help support the work on this blog. All certificates gifted are converted into loans for those who need the help more.
All Contributions Welcome - Thank You!

Follow Me on Twitter

Dr. Declan Fallon is the Senior Market Technician and Community Director for Zignals.com, and Product Development Manager for ActivateClients.com. You can read what others are saying about Zignals on Investimonials.com.


Popular posts from this blog

Round 2 for the bearish "black" candlestick in S&P and Nasdaq

Being "Right" but still losing...

Big bearish engulfing patterns as positive start negated


Show more