Wednesday, November 4, 2009

Lack Of Bullish Confirmation In The Last Hour 11/04/09


Another indication that the market lacked sector and small cap confirmation of a bullish finish is that in the last hour of trading, the Dow Transports, Russell 2000 and the Financials Sector all were at or below their first hour pivot low. There was very little support to push the broader market higher.

Charles

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