Mon, Dec 22, 2014, 12:50 PM EST - U.S. Markets close in 3 hrs 10 mins

Recent

% | $
Quotes you view appear here for quick access.

Direxion Daily Financial Bear 3X ETF Message Board

  • retiredat42 retiredat42 Nov 25, 2008 4:13 PM Flag

    S&P 500 Could Not Break High Of Day

    of 865 yesterday or 868 today going into the close. That means this is a FAILED rally. Breaking those highs would have meant a confirmation og the rally. The market will begin selling off again tomorrow. FAZ back over $100.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I think we are at the top of the new trending range...

      All the Indexes were going to pull back this morning before they announced that new package

      S&P now is on a resistance level which could be converted in support if we go up or sideways... If we pull back, we could go back and retest 750s again...
      The government needed to act quicker before we broke below 850 last week.. Now the bottom is uncertain without a retest

    • U don't think some profit taking has happened today? This could be a pivotal point. With "O" effect in news nowadays, I see S&P going over 900 in the near future regardless of economic data/report.

      • 1 Reply to racerdanny99
      • -That would be easy for Bulls, but don't forget that we are still in a bearish market with a new generation of short sellers...
        -Many smart longs have temporally changed their trading strategy to the short term hold.
        =Volume in the S&P decreased by almost 20% today from yesterday showing lack of buying allowing more volatility which is not good for an uptrend.

 
FAZ
12.69-0.04(-0.31%)12:47 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.