The mini Dow futures contract (YMZ0) has trended steadily higher over the last two months, covering about 1,300 points during this period of time. However, the index is now testing the high for the year at 11,200, which could become a major decision point for the index.
Up until two sessions ago, Terex Corp. ($TEX) had been a very bullish stock. However, the recent sell-off could lead to another round of strength ahead. Here’s why..
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The NASDAQ Composite Index ($COMPQ) has been extremely bullish since the tail end of August and has rallied from 2,100 to 2,470 during this time. The index remains strong and should continue to push higher should 2,400 remain intact.
The broader market enjoyed a nice reaction rally after Tuesday’s decline, but more strength could be seen ahead. Here’s three stocks to watch for another round of strength.
