Wednesday, March 24, 2010

Inisde Day For The Stock Indices



The bearish engulfment that took place last Friday was quickly negated on Monday when stocks rallied posting a new high close for the year.

Today all the major indices posted inside days which basically means today's range is contained within Tuesday's trading range. Many times an inside day takes place just prior to a large trend day so be on the lookout for a trend move on Thursday.

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