The NASDAQ added 2.36 percent – the best performance since September 24. The S&P, not far behind, gained 2.09 percent while the DJIA rose 1.80 percent. Today’s market enjoyed the best performance since September 24, with the S&P500′s increase ranked the 303rd largest.
The current count of direction changes -the pattern- is +1/-1/+1/-2. Only 14 earkier closes exist since 1950, the last 11 happened since January 2000.
In the past, the following day continued positive six times but declined during the other five sessions.
DJIA 1.80 percent
NASDAQ 2.36 percent
S&P500 2.09 percent