Wednesday, November 01, 2006
Daily Market Commentary
Updated Tuesday, 10/31 for Wednesday's market.
Volatile Session...
Read More...
Updated Tuesday, 10/31 for Wednesday's market.
| Key DOW Levels for 11/1 | |
| UP | Above 12,200 |
| DN | Below 12,000 |
Volatile Session...
- Dow trades in volatile manner, but ends session flat again. The index each traded in full swings today, but continue to build out with major technical patterns, which will play a huge role in early November movement. Watch these patterns closely.
Summary
The Dow ended the day with a nice rise from the afternoon lows. The index continues to hold firmly above 12,000, which looks to be the key fulcrum in the charts. A break or bounce off this level will likely determine the next medium term move.
- The NASDAQ and S&P each traded in full swings today, but continue to build out with major technical patterns, which will play a huge role in early November movement. Watch these patterns closely.
Summary
The Dow ended the day with a nice rise from the afternoon lows. The index continues to hold firmly above 12,000, which looks to be the key fulcrum in the charts. A break or bounce off this level will likely determine the next medium term move.
Summary
The Dow ended the day with a nice rise from the afternoon lows. The index continues to hold firmly above 12,000, which looks to be the key fulcrum in the charts. A break or bounce off this level will likely determine the next medium term move.
- The NASDAQ and S&P each traded in full swings today, but continue to build out with major technical patterns, which will play a huge role in early November movement. Watch these patterns closely.
Summary
The Dow ended the day with a nice rise from the afternoon lows. The index continues to hold firmly above 12,000, which looks to be the key fulcrum in the charts. A break or bounce off this level will likely determine the next medium term move.
Read More...
