U.S. stocks rose Thursday afternoon, averting a third consecutive day of declines, as the economic picture continued to brighten.
TODAY’S THEME: BULLISH REVERSALS
All of the key indices dropped below their important short-term support levels today in the morning, however, the drop enticed buyers to step in and bid prices higher. As a result, the market staged an impressive comeback into the session close effectively creating bear traps across the board.
Dow Jones, 1h