The Traderszone Network

Published in TZ Latest News 11 December, 2014 by The TZ Newswire Staff

Industry Group Leaders Set Up, Trade Well Post-Breakout

Distribution and stalling days have been making their presence felt in the major averages in recent weeks, sparking a recent shift in outlook to “uptrend under pressure.” Despite gains for the market Thursday, sellers were around again as a 1.6% intraday gain for the Nasdaq faded to 0.5% by the close.

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