Friday saw stocks move higher and within half an hour of the open, they had broken the 2075 level. From there stocks drifted slightly lower and stay lower until the early afternoon. Stocks they moved back up and by 2:50 they had once again broken through 275 and reached 2079.74 placing them within 21 points of the 2100 level. The close saw stocks right at the support level of 2075.
Market Direction Closings For Oct 23 2015
Markets stayed near their intraday highs all day on Friday. The S&P closed at 2,075.15 up 22.64. The DOW closed at 17,646.70 up 157.54. The NASDAQ closed at 5,031.86 up 111.81 and placing the index back above 5000.
Members Only Market Direction Outlook for Oct 26 2015
The rest of the Market Direction Outlook for Oct 26 is for members as I lay out the market direction I am expecting for Monday and Tuesday as well as my trading outlook. FullyInformed Members can read the latest Market Direction Outlook and review my trading outlook directly through this link. Members can also sign in to the Members’ site here. Non-members can join here or read about the benefits of a membership.
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