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  1. Home
  2. / Investing
  3. / Financial Services

Return to August Support Could Be Ahead

A break of that level would be quite bearish, so traders may want to get out of longs.
By DICK ARMS Sep 08, 2016 | 07:00 AM EDT
Stocks quotes in this article: BAC, CMG
Sometimes it is instructive to look at the data with a microscope even if our objectives are much longer termThe first chart below shows the Dow Industrials over the last five days, with each posting being just 15 minutes apartA week ago we were anticipating a weak rally for a few daysThat appears to be what we gotBut yesterday's drop penetrated t...
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