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Another Strong Session
Closing Technical Market Analysis for Thu April 2nd 2009
Another Strong Session
By Harry Boxer, The Technical Trader (www.thetechtrader.com)
By Harry Boxer, The Technical Trader (www.thetechtrader.com)
Wall Street had another strong session today, although they gave back a chunk of it in the last hour, but still closed with strong gains across the board with excellent technicals.
The day started out with a big gap up. They ran hard and steadily in the morning, reached the session highs right around noon, and then pulled back, retested, bounced and failed to take out the highs and made lower highs, and rolled over in the last hour .
Still, net on the day the Dow was up 216 For more of Harry Boxer, sign up for a FREE 15-Day Trial to his Real-Time Technical Trading Diary. Or sign up for a Free 30-Day Trial to his Top Charts of the Week service.