The above chart of the Nasdaq index shows how stocks typically may trade in a week where the overall trend is moderately up. On the above chart, the market fails to rally on Monday, but it ends up rallying big on Tuesday. Then comes Wednesday which is very confusing and almost trendless, followed by a Thursday which finishes higher but only after the market makes some deep early lows. Finally comes Friday, a weak looking day suggesting lack of strength for the following Monday.
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