The Gilmo Report

November 15, 2020

November 15, 2020 12:23 am ET

The markets spent most of the week chopping around following Monday’s ugly reversal off the gap-up highs. Thursday the indexes posted distribution days as they rolled over from an initial upside move on higher volume and then rebounded on Friday as volume receded. The NASDAQ Composite Index is again approaching its highs and potential overhead price resistance as volume wanes.

 

 

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