Monday, January 11, 2010

Alcoa disappoints, GBP/USD at Critical Point

The major stock indices traded in negative territory throughout most of the session but managed to bounce back, towards the closing bell. Taking a glance at the chart below, one can see that even though yesterday was characterized by selling pressure throughout the session, the trend has not yet been broken, as prior resistance continues to hold as support.




Read the full article at dodjit.com