Off the Charts
The market continues to build an upper floor of support above 1395-1398. Early morning weakness was met by strength in the afternoon, and the S&P 500 closed the day basically flat, down 0.12%, while the Nasdaq fared better, closing the day up 0.26%.
The market opened around the flat line this morning, but sellers stepped into the market after the August ISM index came in worse than expected, causing pressure on the market. After the market based toward the low end of its daily trading range, buyers stepped in and supported this market....818 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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