Forex | Forex | Late Rollover Puts Indices in Negative Column (03/09/2009 06:42:11)

Late Rollover Puts Indices in Negative Column

The indices ended the day with losses to follow up yesterday's decisive decline, but the going was volatile. The indices opened sharply lower to new pullback lows, and then rallied just as sharply to test yesterday afternoon's rally highs but couldn't get through. They then came down to retest, made new lows on the SPX but failed to do so on the NDX, and that resulted in a snapback rally that went right back up to resistance again and failed. At that point they went in to multi-hour narrow


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