Wednesday, June 14, 2006
Updated Tuesday, 6/13 for Wednesday's market
Volatile Decline
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| Key DOW Levels for 6/14 | |
| UP | Above 10,825 |
| DN | Below 10,650 |
Volatile Decline
- Dow trades back and forth in wild swings, closes session at lows.
- The S&P and NASDAQ rode a big wave of volatility lower today, with each closing near the lows of the session. Look for signs of a possible bounce tomorrow.
Summary
The Dow closed the day at the lows of the session after a highly volatile session. The index will likely continue to trend steadily lower, but could get upside relief upon a break of the clear upper trend line at 10,825. Watch this zone closely tomorrow.
- The S&P and NASDAQ rode a big wave of volatility lower today, with each closing near the lows of the session. Look for signs of a possible bounce tomorrow.
Summary
The Dow closed the day at the lows of the session after a highly volatile session. The index will likely continue to trend steadily lower, but could get upside relief upon a break of the clear upper trend line at 10,825. Watch this zone closely tomorrow.
