The market dipped on the open today, and slowly went back up hitting its peak at 11.00am. After that it continued its sell off. Start high early on and sell off to the end of the day. Bull markets start low and trend higher towards the end of the day. Basically sellers pushed things to the down side.
Lets check out the Dow-30 – It is hitting this support point at 12,750. A critical level that I am watching.
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how do you pick the stocks that you trade? do you use scanners? and if so do you use the one that comes built in your brokerage platform or do you use a different one?