12.28.10 – Sideways Trade as Internals Repair

Another quiet day of trade has the banks propping up the S&P 500 after an early gap fill, which held at the pivot. The Semi’s are showing relative weakness, however, holding back the NASDAQ 100. Although internals are net negative, they are slowly repairing going into the second half of trade.

Related posts:

1. 02.18.10 – Sideways Trade
2. 08.05.10 – Price Holding but Internals Negative
3. 08.15.08 – Sideways Trade on Negative Tick
4. 02.25.08 – Sideways on Negative Tick
5. 01.02.09 – Sideways Trade After Morning Run