The weak close in the stock market Tuesday was a classic sign that the rebound from last Thursday's oversold low was over. Most of the index tracking ETFs gapped lower on the opening but then rebounded until just after lunch as the gaps were filled. The afternoon selling resulted in most of them closing on the day's lows.
The weak close in the stock market Tuesday was a classic sign that the rebound from last Thursday's oversold low was over. Most of the index tracking ETFs gapped lower on the opening but then rebounded until just after lunch as the gaps were filled. The afternoon selling resulted in most of them closing on the day's lows.
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