The S&P 500 and Nasdaq rose roughly 1% early Friday, adding to strong monthly gains of over 7% and 10%, respectively. Read More...
TheStreet.com
Will the Market Continue to Ignore This Oscillator?
Thus, while market environment continues to improve, we are becoming more price sensitive on the buy side. All the major equity indexes closed higher Thursday with strong internals on heavier volume as all closed at or near their intraday highs. Technical progress was seen as the DJIA, Nasdaq Composite, Nasdaq 100, Dow Jones Transports, MidCap 400 and Russell 2000 all closed above their resistance levels.
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