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31 Dec 2014
Indices close negative amid selloff – TechTrader
FXStreet (Barcelona) - The stock market indices had a difficult session, closing negative after seeing selloff, with technicals turning negative, notes Harry Boxer of The Technical Trader.
Key Quotes
“The stock market indices had a difficult session today as they opened lower, bounced, made lower-lows, consolidated mid-morning and then went lower again, only to bounce late in the session, and pulled back into the close with a negative finish.”
“Net on the day, the Dow was down 55.16 at 17,983.07, and could not hold 18,000 today. The S&P 500 was down 10.22 at 2080.35. The Nasdaq 100 was down 30.30 at 4282.35, 27 points off the high.”
“The indices did selloff during the session and closed with negative technicals.”
“Advance-declines were 3 to 2 negative on the New York Stock Exchange, and 3 to 2 negative on Nasdaq. Up/down volume was 5 to 3 negative on New York, with total volume of 2 1/3 billion shares. Nasdaq traded 1 1/4 billion shares, and had a 7 to 4 negative volume ratio.”
Key Quotes
“The stock market indices had a difficult session today as they opened lower, bounced, made lower-lows, consolidated mid-morning and then went lower again, only to bounce late in the session, and pulled back into the close with a negative finish.”
“Net on the day, the Dow was down 55.16 at 17,983.07, and could not hold 18,000 today. The S&P 500 was down 10.22 at 2080.35. The Nasdaq 100 was down 30.30 at 4282.35, 27 points off the high.”
“The indices did selloff during the session and closed with negative technicals.”
“Advance-declines were 3 to 2 negative on the New York Stock Exchange, and 3 to 2 negative on Nasdaq. Up/down volume was 5 to 3 negative on New York, with total volume of 2 1/3 billion shares. Nasdaq traded 1 1/4 billion shares, and had a 7 to 4 negative volume ratio.”