The Traderszone Network

Published in TZ Latest News 14 October, 2014 by The TZ Newswire Staff

Tuesday Market Wrap

If the market had opened way down today and closed where it did I’d feel better.  Instead, the market opened up, and like yesterday, pretty much gave it all back. Bearish action, but we do seem to be trying to carve a bottom.  I don’t want to get too technical here, lets just say there are still more sellers than buyers for now.  When it was all said and done we only closed a few points higher than yesterday.  We are now down about 6.7% from the intraday high that was put in on Sept. 19.

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