Overall, we had today strong bullish trading only during the first hour after the opening bell. The rest of today's trading session indexes moved mostly side ways and even slightly decreased. Because of the many technical indicators to 5 min and 15 min charts weak opening hit this page means action tomorrow.Some technical indicators in 30 min and hourly charts followed up move tomorrow and the longer-term charts bullish.Dennoch turned be bearish remain.
Thursday, January 27, 2011
Back to progress and decreases
Today, readings on during the trading hours (see "high advance/decline readings post") on extremely high ahead decline in the S and - P-500 and NYSE indexes mentioned. The indexes fact not moved more later to quite heavily to win still had. The interesting thing is that even indexes had strong profit by the end of the day reported the advance/decline readings were no longer strong bullish on the market close. Progress crowned declines on NYSE by a margin of 3 to 1 only. During the session trading volume of promotion of stocks in the S and - P-500 sector 40 times greater than the volume was rejected stocks, is then by the end of the day 8: 1 ratio.
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