Stock Indices Continue In Short-term Rotation

The Stock Indices opened above short-term resistance today but were unable to extend their gains. When news hit of missile strikes in Poland, the rotation after the open was traded through to the downside and the lower extreme was tested from the last three days. That support held and another rotation up occurred. The extremes of the last three days of trading a now very important support and resistance areas.

Leave a Reply

Your email address will not be published. Required fields are marked *