Sloppy, Choppy, Low-Volume Action
Another late day bounce kept losses mild but it was sloppy, choppy, low-volume action. There was enough buying interest to provide some underlying support, but not enough for decent momentum. The result was a lot of random action, which makes it tough to be aggressive.
The good news is that the market needs this sort of action to consolidate and build a base of support. It is still technically vulnerable to the downside, and there are plenty of bears looking to fill the gap created June 29 by the European Union Summit....148 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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