9 Apr 2015
US Indices close positive in volatile session – TechTrader
FXStreet (Barcelona) - Harry Boxer of The Technical Trader, summarizes the intraday performance US equity indices, noting that after a volatile trade Dow, S&P 500 and the Nasdaq closed positive.
Key Quotes
“The stock market indices had a very volatile, topsy-turvy day, unable to take out support or resistance, but had some violent swings in between on FOMC statement today.”
“The day started out with a pop to the upside, they then pulled back, the S&P 500 making lower lows, but the Nasdaq 100 refusing to, and then they popped. The Nasdaq 100 made nominal new highs, but the S&P 500 failed to confirm as well, and then they rolled over. The FOMC created a lot of volatility after first spiking down, and then exploding to the upside, making new highs for the day on the Nasdaq 100, but the S&P 500 failed to do so, and they pulled back. At the end of the day, they bounced to firm it up a little bit.”
“Net on the day, the Dow was up 27.09 at 17,902.51, 74 points off the high. The S&P 500 was up 5.57 at 2081.90, 5 points off its. The Nasdaq 100 was up 31.88 at 4375.96, 7 points off its high.”
"Advance-declines were 3 to 2 positive on the New York Stock Exchange, and 2 to 1 positive on Nasdaq. Up/down volume was 18 to 13 positive on New York, with total volume of 3.2 billion shares. Nasdaq traded 1 2/3 billion shares, and had a little better than 2 to 1 positive volume ratio."
Key Quotes
“The stock market indices had a very volatile, topsy-turvy day, unable to take out support or resistance, but had some violent swings in between on FOMC statement today.”
“The day started out with a pop to the upside, they then pulled back, the S&P 500 making lower lows, but the Nasdaq 100 refusing to, and then they popped. The Nasdaq 100 made nominal new highs, but the S&P 500 failed to confirm as well, and then they rolled over. The FOMC created a lot of volatility after first spiking down, and then exploding to the upside, making new highs for the day on the Nasdaq 100, but the S&P 500 failed to do so, and they pulled back. At the end of the day, they bounced to firm it up a little bit.”
“Net on the day, the Dow was up 27.09 at 17,902.51, 74 points off the high. The S&P 500 was up 5.57 at 2081.90, 5 points off its. The Nasdaq 100 was up 31.88 at 4375.96, 7 points off its high.”
"Advance-declines were 3 to 2 positive on the New York Stock Exchange, and 2 to 1 positive on Nasdaq. Up/down volume was 18 to 13 positive on New York, with total volume of 3.2 billion shares. Nasdaq traded 1 2/3 billion shares, and had a little better than 2 to 1 positive volume ratio."