30Jun2015 Market Close: Volatility, Market Closes Up As Expected, But Fails At Key Resistance

(Before It's News)

Written by Gary

Lots of volatility in the markets today. The SP500 open up, fell below yesterday’s low, recovered enough to test a key resistance and failed. A bearish sign for sure, plus the SP500 closed at the lower Bollinger line, and also remains below the 145 DMA.

U.S. stocks turned positive around mid-afternoon in choppy trading today as investors hoped for a last-minute deal to keep Greece in the euro.

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