Wild Wicks on the Index Charts

By | December 16, 2014

Wild wicks today on the index charts. They gapped down at the open, rose sharply higher, then closed back near their opening levels, and below their 50 day moving averages. There is little in the way of technical support on the DJIA, S&P 500, and NASDAQ charts, above those 200 day moving averages. The channel breakdown on the Russell 2000 chart projects a target in the 1110 area.

46. index chart

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