Daily Comments for Wednesday - Nov 18

By Teresa Appleton
17 November 2009 @ 07:06 pm EDT

Tuesday closed the day with a narrow range edging out a small win for the bulls.  Volume fell off a cliff and came in significantly lower than Monday's in this digestive range.  Nas Composite had the narrowest day since 10/15, Nas 100 since 11/10, SPX since 10/12, and 10/7 for the Dow.  The Dow was the only index that traded through Monday's highs, the other indexes stay inside Monday's range.  The VIX closed at 22.41 and the TRIN at .73 bullish on the day.  Gold closed with no change at $1139.20 and oil up 20 cents to $79.10 a barrel.

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