December 26, 2006 Stock Market Recap
By Michael on Dec 26, 2006 in Stock Market
The market almost recouped all of Friday’s losses and managed to do that on even lighter volume than Friday’s low level. So it appears that the indices ae finding support right where they should — the Nasdaq at its 50-day moving average and the S&P at its July trendline.
Trend Table
No changes
| Trend | Nasdaq | S&P 500 | Russell 2000 |
| Primary | Up | Up | Up |
| Intermediate | Up | Up | Up |
| Short-term | Down | Up | Down |
(+) Indicates an upward reclassification today
(-) Indicates a downward reclassification today
Lat Indicates a Lateral trend
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