Negative day for the Wall Street – TechTrader

FXStreet (Barcelona) - Harry Boxer of The Technical Trader, summarizes the intraday performance of the US Indices, noting that Dow, S&P 500 and Nasdaq ended the trading session with a negative close.

Key Quotes

“It may have been turn-around Tuesday for the stock market today as the indices suffered some losses and had a pretty strong afternoon sell-off after a nice rally in the morning.”

“The day started out with a move down. They held support and rallied strongly, more so on the Nasdaq 100. The S&P 500 failed to reach through resistance as the Nasdaq 100 did. The S&P 500 rolled over, going from 2108 to 2091, closing at the low for the day. The Nasdaq 100 went from 4468 to 4431.”

“Net on the day, the Dow was down 104.90 at 18,011.14. The S&P 500 was down 12.92, closing at the low for the day. The Nasdaq 100 was down 14.56 at 4430.99.”

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