Wednesday, November 3, 2010

Dow Does Not Confirm the "Breakout" on the S&P

With the Dow trading at 11,216 at last check, the "breakout" on the S&P is not confirmed. The Dow needs to break above 11,258 for today's price action to have any bullish implications. It could happen tomorrow or even near the close today, but as of yet, the bulls have not accomplished their goal.

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