The market closed lower but losses were smaller than their average for this pattern. Only 11 other days in this century have this pattern of a decline following two gains by the DJIA but when the NASDAQ and the S&P500 moved up only one day.
Our diagram reveals this pattern happens without any consistency for rising or falling markets, but that most of these days occurred during the 2000/2003 decline and also since the beginning of the current bull market.
History reveals a mixed outlook for tomorrow, with prices declining a bit more often than rising.
DJIA -.62 percent
NASDAQ -.98 percent
S&P500 -.83 percent
