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Daily Commentary

Intraday Trend Day Yet Again

Bycjrosen May 15, 2008

The market indexes gave us another strange styled trend day today, with the market opening on the lows and closing on the highs while providing excellent retracement entry trades along the way.  Let’s examine it: While traditional (or powerful) trend days begin with an opening gap, today’s price action opened very close to yesterday’s close. …

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