The Traderszone Network

Published in TZ Latest News 12 August, 2015 by The TZ Newswire Staff

OK, Can We Please Get a Follow Through Now?

If you are a casual observer of the market then your takeaway was that today was just a boring, essentially flat day. After all the Dow only closed up 5 points right?

What you may have missed was that the Dow was down 277 points at one point, the other indexes were all getting crushed too.  However at around 12:30 the market started a slow and steady recovery that landed all the indexes green with the small exception of the Russell which ended marginally lower.

The 10 minute chart below shows you today’s action.

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