http://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/http://www.fxstreet.com/technical/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2012-02-10.htmlThe stock market indices had an up-day today, but the technicals were not very confirming, and did lead to concern here. The day started out with a big pop to the upside. They then pulled back sharply, held secondary support, and then came on with a bang as shorts were getting squeezed higher. They reached new multi-week rally highs, getting up to 2567 and change on the Nasdaq 100, and just over 1354 on the S&P 500. In the afternoon, they consolidated, backed and filled, and pulled back inFri, 10 Feb 2012 05:22:11 GMThttp://www.fxstreet.com/technical/market-view/info@thetechtrader.com (The Technical Trader)http://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2012-02-10.htmlhttp://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2012-02-09.htmlThe stock market indices had a very good comeback in the afternoon after some early weakness. The day started out mostly to the upside, followed by a quick pullback, and then a rally to the session highs in the first 40 minutes, or so. They then rolled over hard, took out some support levels, and appeared to be in danger of a sharp sell-off today. They stabilized late morning, came on strongly and tested key overhead resistance, went through, and stair-stepped their way to the highs for theThu, 09 Feb 2012 04:48:11 GMThttp://www.fxstreet.com/technical/market-view/info@thetechtrader.com (The Technical Trader)http://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2012-02-09.htmlhttp://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2012-02-08.htmlThe stock market indices had a positive session at the close, but it was quite volatile. The day started out sharply lower, broke support initially on the S&P 500, but not on the Nasdaq 100. When that occurred they rallied very sharply, taking the NDX from 2515 to 2537. The S&P 500 rallied from a low of 1336 up to 1348. They then backed and filled in the afternoon, consolidated, and later attempted a rally, with the S&P 500 reaching 1349, and change. It was a new high for the day,Wed, 08 Feb 2012 04:52:03 GMThttp://www.fxstreet.com/technical/market-view/info@thetechtrader.com (The Technical Trader)http://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2012-02-08.htmlhttp://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2012-02-07.htmlThe stock market indices started off the week with an interesting day today. The day started out with a big gap to the downside, but within minutes reversed and rallied back sharply. They then pulled back to retest, rallied back up to test the highs again, but couldn't get through, and then formed large wedges. They didn't roll over, but rather broke through and went up to secondary resistance. They backed and filled for most of the afternoon, and came on in the last few minutes to close notTue, 07 Feb 2012 05:24:21 GMThttp://www.fxstreet.com/technical/market-view/info@thetechtrader.com (The Technical Trader)http://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2012-02-07.htmlhttp://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2012-02-02.htmlThe stock market indices had a very strong session, but a late afternoon sell-off really took the excitement out of it by taking back a big chunk of the gains in the last hour or so. The day started out with a large gap up, and then they pulled back sharply, particularly on the Nasdaq 100, but not on the S&P 500. That held very well, holding the 1321 support area. They then started a rally that stair-stepped sharply higher all morning and into the mid-afternoon. The NDX jumped from 2474 toThu, 02 Feb 2012 05:28:08 GMThttp://www.fxstreet.com/technical/market-view/info@thetechtrader.com (The Technical Trader)http://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2012-02-02.htmlhttp://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2012-02-01.htmlThe stock market indices had a mixed session at the close, similar to the day before yesterday. The day started out with a real pop to the upside on strong futures, and they reached their highs within 10 minutes. They immediately sold off, taking the Nasdaq 100 from 2481.50 down to 2453, and then they rallied back in a 3-wave fashion into mid-afternoon before backing and filling into the close. The S&P 500 dropped from 1332 down to 1307, and rallied back to 1312.79 by the close. Net on theWed, 01 Feb 2012 05:13:13 GMThttp://www.fxstreet.com/technical/market-view/info@thetechtrader.com (The Technical Trader)http://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2012-02-01.htmlhttp://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2012-01-31.htmlThe stock market indices started off narrowly mixed this week. They were very volatile and opened sharply lower, but had a fantastic recovery to "thwart the bears," as they say. There were large gap downs at the opening, they bounced, and then lower lows were had. The indices rallied sharply to midday, consolidated, and rallied again in the early afternoon before consolidating again in the afternoon, but held out for the gains. Net on the day, still the Dow was down 6.74 at 12,653.72, 124Tue, 31 Jan 2012 05:09:47 GMThttp://www.fxstreet.com/technical/market-view/info@thetechtrader.com (The Technical Trader)http://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2012-01-31.htmlhttp://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2012-01-27.htmlThe stock market indices suffered losses today, although in the last half hour they did snap back from the session lows to pare the losses. The day started out with a move to the upside as the S&P 500 spiked up to 1333.47, the highest level reached this year and in this entire rally for two weeks. The Nasdaq 100 reached the highest levels as well at 2479.31. However, they then turned around and came down hard, bounced a few times, and stair-stepped their way lower, and spiked into the lowFri, 27 Jan 2012 05:12:21 GMThttp://www.fxstreet.com/technical/market-view/info@thetechtrader.com (The Technical Trader)http://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2012-01-27.htmlhttp://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2012-01-26.htmlThe stock market indices had a very good day today, spurred on by news midday from the FOMC that they would accommodate an easy interest-rate policy at least until 2014. That took the market by surprise. The day started out with a very interesting scenario. Apple Inc. (AAPL) was up by 25-30 points. The Nasdaq 100 obviously gapped up. The S&P 500 did not do so, but there was a slight move up, and then a move down, which tested support and then held. When that happened, they rallied sharplyThu, 26 Jan 2012 05:06:29 GMThttp://www.fxstreet.com/technical/market-view/info@thetechtrader.com (The Technical Trader)http://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2012-01-26.htmlhttp://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2012-01-25.htmlThe stock market indices had a down day, but most of their losses were in the first few minutes, with large gaps down. They then snapped back to resistance twice in the morning at 2440 on the Nasdaq 100, and the S&P 500 snapped back to 1314. They pulled back, retested successfully, and bounced again, but couldn't get back to resistance on the NDX. The S&P 500 did make some nominal new highs, backed off in the last half hour, but came on in the last 10 minutes. Net on the day, the DowWed, 25 Jan 2012 05:18:34 GMThttp://www.fxstreet.com/technical/market-view/info@thetechtrader.com (The Technical Trader)http://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2012-01-25.htmlhttp://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2012-01-20.htmlThe stock market had another excellent session, with the indices showing more gains, especially in the morning part of the session. The day started out with a gap up, after which they backed off and retested support, and held. When that occurred, they rallied sharply, with the Nasdaq 100 going from 2436 to 2445. The S&P 500 jumped from 1308 up to 1315, and then they paused to consolidate, with the NDX having a downward descent. The S&P 500 had a kind of sideways trading range of 3Fri, 20 Jan 2012 05:07:56 GMThttp://www.fxstreet.com/technical/market-view/info@thetechtrader.com (The Technical Trader)http://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2012-01-20.htmlhttp://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2012-01-19.htmlThe stock market indices had another nice day today, and the technicals were great. The trend was up solidly all day, especially on the S&P 500, which after an early little dip to test support, took off and rocketed right to the 1302-3 zone at resistance. It backed off in an orderly fashion, and then came on again to secondary resistance up around 1306, but eventually broke that and reached as high as 1308 today. Net on the day, the Dow closed near the high, up 96.88 at 12,578.95. TheThu, 19 Jan 2012 05:24:04 GMThttp://www.fxstreet.com/technical/market-view/info@thetechtrader.com (The Technical Trader)http://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2012-01-19.htmlhttp://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2012-01-18.htmlThe stock market indices opened with a big boom today. A gap to the upside ran nicely in the morning on Nasdaq 100, but the S&P 500 backed off of it in a falling wedge. They did try to rally, on the Nasdaq 100 back up to its high, but was unable to get through, while the S&P 500 negative diverged. They then rolled over in the afternoon, rather sharply, bounced into the close and salvaged nice gains for the day. Net on the day, the Dow was up 60.16 at 12,482.22, about 90 points off itsWed, 18 Jan 2012 05:19:23 GMThttp://www.fxstreet.com/technical/market-view/info@thetechtrader.com (The Technical Trader)http://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2012-01-18.htmlhttp://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2012-01-13.htmlThe stock market indices had a very interesting session today, with a 5-wave, sharp sell-off to test support at yesterday's lows, which held. Then they started a very strong rally for the rest of the session, and rallied right up until the last 10 minutes, reaching new highs for the entire rally on the Nasdaq 100, and nominally so on the S&P 500, but then backed off the last 10 minutes. Net on the day, the Dow was up 21.57 at 12,471.02, the S&P 500 up 3.02 to 1295.50, and the NasdaqFri, 13 Jan 2012 04:59:14 GMThttp://www.fxstreet.com/technical/market-view/info@thetechtrader.com (The Technical Trader)http://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2012-01-13.htmlhttp://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2012-01-11.htmlThe stock market indices had an up-day today. The session started out with a big pop to the upside on strong pre-market futures. The indices gapped up, reached there session highs within the first half hour at 2381and change on Nasdaq 100, and above 1296 at 1296.46, on the S&P 500. They then pulled down in a strong 3-wave decline that tested support successfully, and by lunch hour they were rallying back up into mid-afternoon. They rolled over into the close, but in the last few minutesWed, 11 Jan 2012 05:08:16 GMThttp://www.fxstreet.com/technical/market-view/info@thetechtrader.com (The Technical Trader)http://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2012-01-11.htmlhttp://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2012-01-10.htmlThe week started off with another good trading day for TheTechTrader.com, although it was a mixed session for the stock market indices. They popped a little bit at the opening, backed off right away, held support and bounced, but rolled over to the biggest sell-off of the day until about 11:00. The session lows took the Nasdaq 100 down to 2342 and the S&P 500 to 1274 and change. The indices worked their way solidly higher in a 5-wave advance for the next several hours, taking the NDX fromTue, 10 Jan 2012 05:22:50 GMThttp://www.fxstreet.com/technical/market-view/info@thetechtrader.com (The Technical Trader)http://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2012-01-10.htmlhttp://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2012-01-06.htmlThe stock market indices started out on a very negative note today, moving down sharply at the opening, the S&P 500 dropping from 1277 down to 1265, and the Nasdaq 100 dropped quickly, but it recovered quickly. The S&P 500 also recovered, but not as quickly. However, later when the NDX broke out the SPX started to thrust. We had a strong rally from early morning to just after lunch hour, taking the NDX from 2317 to 2352. The S&P 500 jumped from 1255 to 1283. At that point they wereFri, 06 Jan 2012 05:10:00 GMThttp://www.fxstreet.com/technical/market-view/info@thetechtrader.com (The Technical Trader)http://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2012-01-06.htmlhttp://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2012-01-05.htmlThe stock market indices had a slightly positive session today as they worked their way back from early losses. The day started out with a move down, breaking support, and making lower lows within the first 45 minutes, down around 1268 on the S&P 500 and 2307 on the Nasdaq 100. They then rallied sharply mid to late morning, into the early afternoon, when they reached their session highs, with about an hour to go. The NDX actually went to new multi-session rally highs, but the S&P 500Thu, 05 Jan 2012 05:03:18 GMThttp://www.fxstreet.com/technical/market-view/info@thetechtrader.com (The Technical Trader)http://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2012-01-05.htmlhttp://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2012-01-04.htmlThe stock market indices started off the year with a big gap up and had a very sharp rally early on, reaching the session highs in the first half hour, and then pulled back quite sharply into the opening gap. They held at 2315 on the Nasdaq 100, and 1275 on the S&P 500, double-bottomed, and then rallied to come back to take back about 75%-80% of their pullback. They then backed off, came on again, couldn't get through that little late double-top on the Nasdaq 100 and the S&P 500, andWed, 04 Jan 2012 04:45:48 GMThttp://www.fxstreet.com/technical/market-view/info@thetechtrader.com (The Technical Trader)http://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2012-01-04.htmlhttp://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2011-12-30.htmlThe stock market indices had an excellent day today, even though they started out somewhat mixed. The S&P 500 and the Nasdaq 100 bounced at the opening. The S&P 500 kept going, but the NDX pulled back. At that point, it looked a little worrisome because of potential negative divergences, but the NDX quickly reversed sharply after positive housing and economic news from Chicago. They stair-stepped their way higher the rest of the day, and although they immediately consolidated midday,Fri, 30 Dec 2011 07:28:51 GMThttp://www.fxstreet.com/technical/market-view/info@thetechtrader.com (The Technical Trader)http://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2011-12-30.htmlhttp://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2011-12-29.htmlThe stock market indices had a nasty day today. The day started out with a sharp move lower early on, followed by a snapback that failed at resistance, and then a move to the morning lows around noon. They tried to snap back in the early afternoon, but formed bear wedges and spiked down and cracked late in the day. They snapped back in the last half hour only to pull back again into the close. Net on the day, the Dow was down 139.71 at 12,151.64, the S&P 500 down 15.73 to 1249.70, and theThu, 29 Dec 2011 05:19:30 GMThttp://www.fxstreet.com/technical/market-view/info@thetechtrader.com (The Technical Trader)http://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2011-12-29.htmlhttp://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2011-12-28.htmlThe stock market indices were flat today, but early on came on strong and made new rally highs as the Nasdaq 100 reached up toward the 2297-98 area, and the S&P 500 jumped up toward 1269, achieving the 1268 target for today. They then pulled back very sharply, did about a 50% retracement quickly, and then clawed their way back over the next several hours to make new highs on the NDX. However, that was not confirmed on the S&P 500, resulting in a late rollover. Net on the day, the Dow,Wed, 28 Dec 2011 07:29:20 GMThttp://www.fxstreet.com/technical/market-view/info@thetechtrader.com (The Technical Trader)http://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2011-12-28.htmlhttp://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2011-12-21.htmlThe stock market indices had a very, very big day, and an important technical occurrence today as well. The day started out with a gap up at the opening, they ran hard all morning until early afternoon when they consolidated, backed and filled, and tested on the Nasdaq 100, but the S&P 500 continued to make higher highs, reaching 1243 before backing off to 1240.76. Net on the day, the Dow was up 335.66 at 12,101.99, the S&P 500 up 35.95 to 1241.30, and the Nasdaq 100 up a sharp 66.67Wed, 21 Dec 2011 05:03:58 GMThttp://www.fxstreet.com/technical/market-view/info@thetechtrader.com (The Technical Trader)http://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2011-12-21.htmlhttp://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2011-12-20.htmlThe stock market week started off on a sour note again, with the indices continuing their decline over the last three weeks. New pullback lows today took out key support on the S&P 500 around 1210, and reached down toward the next support at the 1200-02 area, before bouncing late in the session. The day started out with a move up, reaching the early highs within minutes. The indices pulled back, tested, bounced, and took out support. When that occurred, they kept going, took out trendTue, 20 Dec 2011 05:35:02 GMThttp://www.fxstreet.com/technical/market-view/info@thetechtrader.com (The Technical Trader)http://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2011-12-20.htmlhttp://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2011-12-16.htmlThe stock market indices suffered through a nasty, sloppy, mixed session today, and if it wasn't for the first opening gaps, they would be down and ugly. They gapped up right at the get-go, and immediately sold off. Net on the day, the Dow was up 46.47 at 11,869.95, almost 100 points off the high. The S&P 500 dropped from 1225.60 down to 1212.12, and closed at 1215.85, up 4.03. The Nasdaq 100 dropped from 2253 to 2223, closing at 2226.71, down 6.32. Advance-declines were 3 to 2 positive onFri, 16 Dec 2011 05:46:04 GMThttp://www.fxstreet.com/technical/market-view/info@thetechtrader.com (The Technical Trader)http://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2011-12-16.htmlhttp://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2011-12-15.htmlThe stock market indices suffered another loss today, and they were hit especially hard on the Nasdaq 100 in the morning. The indices dropped from the get-go, with the S&P 500 falling from 1226 down to 1210, and the Nasdaq 100 from 2260 down to 2220. They rallied midday, and had a sharp snapback recovering about 50% of their losses. Resistance proved futile, and they pulled back to test the lows on the S&P 500, and made higher lows on the NDX. When that occurred late in the day, theyThu, 15 Dec 2011 05:06:00 GMThttp://www.fxstreet.com/technical/market-view/info@thetechtrader.com (The Technical Trader)http://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2011-12-15.htmlhttp://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2011-12-14.htmlThe stock market indices had a very difficult day today, although they gapped up sharply in the morning and reached a key resistance area near 1250 S&P 500. They rolled over sharply to fill the gap, and then bounced back, did about a 50% retracement around the time of the FOMC meeting, and then rolled over very hard to take the Nasdaq 100 from 2305 down to 2260, which was a 45-point drop. The S&P 500 dropped from 1245 down to 1220, a 5-point drop, with only a slight bounce at theWed, 14 Dec 2011 05:18:43 GMThttp://www.fxstreet.com/technical/market-view/info@thetechtrader.com (The Technical Trader)http://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2011-12-14.htmlhttp://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2011-12-13.htmlThe stock market indices started off very negative with a big down gap as foreign markets were lower, and international problems continue to pressure markets. All the indices dropped sharply in the morning, with the Nasdaq 100 down 42 points to around 2276, and the S&P 500 down 27 points to 1227. They snapped back, pulled back down again, backed and filled, and multiple tests of the lows were finally successful. Late in the day, they broke out above key resistance, and sputtered into theTue, 13 Dec 2011 05:17:57 GMThttp://www.fxstreet.com/technical/market-view/info@thetechtrader.com (The Technical Trader)http://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2011-12-13.htmlhttp://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2011-12-09.htmlThe stock market indices had a very difficult session today, opening lower, and then stair-stepping their way down most of the day. In the last hour they rallied back sharply, but rolled over on some negative news from Europe, and closed near the lows for the day going away. In the last couple minutes they bounced off the spike lows that kept them from closing at the exact lows of the day. Net on the day, the Dow closed just under 12,000 at 11,997.70, down 198.67, about 30 points off the low.Fri, 09 Dec 2011 05:02:24 GMThttp://www.fxstreet.com/technical/market-view/info@thetechtrader.com (The Technical Trader)http://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2011-12-09.htmlhttp://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2011-12-08.htmlThe stock market indices had a volatile day today as they came down hard at the opening, double-bottomed early on, and then rallied sharply midday only to pullback in a very organized, orderly pattern to test support. That was successful, and then in the last hour they exploded, ran up to the triple-top to the 1267 area on the S&P 500 at a nominal new high. They backed off sharply into the close, down about 6 points quickly to around 1261 S&P 500. The Nasdaq 100 dropped back about 12Thu, 08 Dec 2011 05:44:46 GMThttp://www.fxstreet.com/technical/market-view/info@thetechtrader.com (The Technical Trader)http://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2011-12-08.htmlhttp://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2011-12-07.htmlThe stock market indices were mixed at the close today. The day started out a little bit to the upside, but failed at resistance. They rolled over hard, especially on the Nasdaq 100, where the market generals were weak, and they actually tested yesterday's late lows, but the S&P 500 made higher lows. They then consolidated for a couple hours. Late in the afternoon they popped and ran hard to new session highs, and then retested yesterday's double-top on the S&P 500. The NDX fell short,Wed, 07 Dec 2011 05:17:09 GMThttp://www.fxstreet.com/technical/market-view/info@thetechtrader.com (The Technical Trader)http://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2011-12-07.htmlhttp://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2011-12-06.htmlThe stock market indices had a wild and woolly day today as they were all over the place with huge gaps up. At the close on strong futures, they pulled back sharply, moreso on the Nasdaq 100. When the S&P 500 did not follow suit, they rallied very sharply, getting all the way up to 2343 NDX and nearly 1257 S&P 500. They consolidated and rolled over hard and sharp to form bear flags, failed at resistance, and rolled over again in a 3-wave decline. The last 15-20 minutes the indices cameTue, 06 Dec 2011 05:33:09 GMThttp://www.fxstreet.com/technical/market-view/info@thetechtrader.com (The Technical Trader)http://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2011-12-06.htmlhttp://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2011-12-02.htmlThe stock market indices had a mixed session with Nasdaq leading the way up today. However, the blue chips were lower. Nasdaq trailed yesterday and tried to play catch-up today, while the market consolidated. The day started out with a bang to the upside, and reached the session highs and rally highs on the S&P 500 up around 1251 and change early on today. The NDX at that point got up to 2314. They then had a sharp sell-off, reaching near the 2290-91 zone on the NDX from the 2314 area. TheFri, 02 Dec 2011 04:54:55 GMThttp://www.fxstreet.com/technical/market-view/info@thetechtrader.com (The Technical Trader)http://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2011-12-02.htmlhttp://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2011-12-01.htmlThe stock market indices had a spectacular session as positive economic and financial news, both domestically and internationally, helped boost world markets, and the US markets were no different. The day started out with big gaps up on strong futures before the market opened, which spurred gap openings on both the Nasdaq 100 and S&P 500. After the opening, the NDX and SPX exploded and ran hard. The NDX opened at 2265 and ran up to 2290, and the S&P 500 ran from 1200 to 1240. At thatThu, 01 Dec 2011 05:11:39 GMThttp://www.fxstreet.com/technical/market-view/info@thetechtrader.com (The Technical Trader)http://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2011-12-01.htmlhttp://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2011-11-30.htmlThe stock market indices had a mixed session, and it certainly wasn't a pretty one. The day started out with a nice run to new rally highs, reaching 2240 on the Nasdaq 100 and nearly 1204 on the S&P 500. They came down sharply, especially on the NDX, with the Nasdaq generals like Apple Inc. (AAPL), Google Inc. (GOOG), and Amazon.com Inc. (AMZN) selling off steeply. That took the NDX from 2240 down to 2206. The S&P 500 at that point dropped from 1204 down to 1193 1/2. They rallied inWed, 30 Nov 2011 05:03:00 GMThttp://www.fxstreet.com/technical/market-view/info@thetechtrader.com (The Technical Trader)http://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2011-11-30.htmlhttp://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2011-11-29.htmlThe stock market indices had a very, very strong session capped by a wonderful, last-minute snapback that brought the indices way back from an afternoon sell-off. It was a great day on Wall Street today. Net on the day, the Dow was up 291.08 at 11,522.86, the S&P 500 up 33.89 to 1292.56, and the Nasdaq 100 up 73.34 at 2224.22, or 3 1/2% today. Advance-declines were more than 5 to 1 positive on the New York Stock Exchange, with 2600 issues up and less than 500 down. Nasdaq was 5 to 1Tue, 29 Nov 2011 05:09:15 GMThttp://www.fxstreet.com/technical/market-view/info@thetechtrader.com (The Technical Trader)http://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2011-11-29.htmlhttp://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2011-11-24.htmlThe stock market indices had a very difficult session, and got hammered, especially in the last 15 minutes, to close at the lows for the day going away. The day started out with a big gap down and a very sharp sell off. They reached their mid-morning lows at 2172 Nasdaq 100 and 1164 S&P 500. They rallied back to 2185 NDX and 1171 S&P 500, but could not do much more than that. They came down hard, made nominal new lows on the NDX, but not on the S&P 500. That caused a late snapback,Thu, 24 Nov 2011 04:46:16 GMThttp://www.fxstreet.com/technical/market-view/info@thetechtrader.com (The Technical Trader)http://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2011-11-24.htmlhttp://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2011-11-23.htmlThe stock market indices finished mixed today. It was a quiet day, although the indices opened lower, snapped back, could not get through yesterday's late high, and then rolled over hard to retest the lows. They made nominal new lows on the S&P 500, but did not confirm on the Nasdaq 100. They then snapped back sharply, taking the NDX from 2192 up to 2224. The S&P 500 jumped from a low of 1181 and change to 1197. In the afternoon they backed off, retested, and bounced, and were mixedWed, 23 Nov 2011 05:34:48 GMThttp://www.fxstreet.com/technical/market-view/info@thetechtrader.com (The Technical Trader)http://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2011-11-23.htmlhttp://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2011-11-22.htmlThe stock market indices had a very, very difficult session, plunging at the opening on negative futures, and then basing out for the rest of the session. In the afternoon they tried to rally, backed off late in the day, but still it was a negative session for sure. Net on the day, the Dow was down 248.02 at 11,548.14, and the S&P 500 down 22.02 to 1193.63, or 1.8%, about 10 points off the low. The Nasdaq 100 was down 42.81 at 2211.14, or 1.86%, and about 23 points off the low. So, theyTue, 22 Nov 2011 05:45:42 GMThttp://www.fxstreet.com/technical/market-view/info@thetechtrader.com (The Technical Trader)http://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2011-11-22.htmlhttp://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2011-11-18.htmlThe stock market indices suffered another nasty spill. Only an afternoon consolidation and late comeback prevented them from closing at the session lows. The day started out with a sharp move lower, and then a bounce back and the formulation of a bear flag consolidation pattern. They rolled over hard into midday when they reached their session lows on the Nasdaq 100. The S&P 500 made lower lows later on today, but held around the 1210 area, and the NDX held around 2258. They rallied backFri, 18 Nov 2011 04:58:55 GMThttp://www.fxstreet.com/technical/market-view/info@thetechtrader.com (The Technical Trader)http://www.fxstreet.com/technical/market-view/technical-trader-closing-brief/2011-11-18.html