The Nasdaq formed a bullish harami in the lower half of Friday's wide range bar on relatively good volume (2.05 billion shares). Today marks the second day in a row where the opening range (first half hour) defined the high and the low of the entire day's trade as highlighted on the 15 minute chart above. We are still waiting for a catalyst to move the market more agressively in one direction or the other. In the meantime, its a stock pickers market.
No comments:
Post a Comment