Forex | Forex | Choppy Up-Session (30/06/2009 05:36:21)

Choppy Up-Session

The stock market indices started off the week with another gain, but it was choppy. The day started out moving lower, but the indices held support and turned it around sharply. The Nasdaq 100 (NDX) rallied from a session low from around 469 to the 493 1/2 area, and the S&P 500 (SPX) at that point rallied from 916 to about 927. A mid-day pullback brought them back to test. They bounced late afternoon, but couldn't break out and then rolled over towards the end of the session, paring back


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