Dow Jones Industrial Average: +30.69 or 0.29% at 10464.40
S&P 500 Index: +4.98 or 0.45% at 1110.63
NASDAQ Composite Index: +6.87 or 0.32% at 2176.05
NYSE Internals: 2047 Advance. 960 Decline.
Lightest trading volume in over a year today. Many of the indices remained sideways for most of the day, in a very narrow trading range. None of my counts have changed, since once again the market has been flat for quite some time now. And with the markets closed tomorrow and a half-day on Friday, don't expect a big move. Volume may come back into the market next week.
We tried to test the 1113 high today by making it to 1111, but we failed to break to a new high. If we do break 1113, look for 1122. We need to break 1097 on the downside if we're going to fall further.
No charts today because nothing new has happened.
US Dollar was crushed today, making another 52-week low. Crude Oil and Gold both rallied as a result of the weak dollar. VIX also made a new 52-week low intra-day, but closed relatively flat. Financials were the weakest sector today.
Have a happy and safe Thanksgiving!!! :-)
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