As the chart below shows, it's this type of consistent buying support that's been so badly missing in the last 10 sessions..even those that ended up higher..like yesterday.
That being said, we expect that we haven't seen the last of this key 16,400 zone in the Dow.
But a lot of constructive work was put in today and it was done with typical volume..so, nothing to sneeze about here.
So, if your relying on a source to assist you with this tricky business and they're not totally absorbed in the micro aspects of the markets on a daily basis, then you owe it to yourself to give one of our Memberships a spin(Free 5 Day Trial).
Our Premium Membership provides Real Time Buy Alerts and an Educational Component consisting of annotated charts very much like the ones we sometimes post here on the Basic Site.
Or our Follow Trade Membership(ideal for those who can't follow the market during trading hours)
And as always, free to reach out and inquire..