Posts Tagged ‘market support and resistance’

Market Ends Mixed on Manic Monday

9:00am (EST) The bulls were under pressure to hold the 200-day MA’s (moving averages) to start the week and managed to get through the session with minimal damage.  Two of the four major averages ended lower but got a lift as water-cooler talk of a Fed-ECB bailout to help saveRead more

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Market Edges Higher

1:05pm (EST) The bulls are working on a 2-session win streak as they look to push the next layer of resistance.  After a solid start the major averages have come off their highs but are still showing solid gains.  While overseas news has been light, we did notice Fitch’s downgradeRead more

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