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Market Leading Stocks Close Above Support

As posted shortly before the close today, the majority of market leading stocks, i.e.- the largest components of the S&P 500 & Nasdaq 100 large cap indices, managed to close on or above key support levels today. AAPL is one of the few exceptions, closing somewhat below the 104ish resistance level although AAPL did manage to recoup a good deal of its earlier losses after rallying off the 94.00-94.25ish support level.

click on the first chart to expand, then click anywhere on the right side to advance to the next chart.

p.s.- Please pardon the typographical errors in the annotations on these charts as I had rushed to get them out asap.

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Aug 24, 2015 4:38pm|Categories: Equity Market Analysis|Tags: , , , , , , |Comments Off on Market Leading Stocks Close Above Support