Harry Boxer has more than 30 years of Wall Street investment and technical analysis experience, and he spent eight years on Wall Street as chief technical analyst with three brokerage firms. Mr. Boxer is a technical consultant to many Wall Street hedge funds and large institutional traders. Mr. Boxer is currently author of "The Technical Trader" and "The Technical Trading Diary" on the financial website The Technical Trader. He is a regular columnist on ADVFN, Stockhouse, and DecisionPoint, among many sites, and a regular guest on WinningOnWallStreet, Marketviews.tv, KFWB-Radio Los Angeles, and more. Mr. Boxer is a frequent guest columnist at CBS MarketWatch, and has been featured on CNBC, Futures Magazine and Technical Analysis of Stock & Commodities magazine. Mr. Boxer won both the 1995 and 1996 worldwide Internet stock market trading contests, "The Technical Analysis Challenge."
A late flurry sent the stock market indices to the highs for the day going away and the highs for the year as well on most of the indices, as the rally rolls on.
The indices had another strong up-session, interrupted by a sharp mid-afternoon sell-off, but held secondary support and came on again in the last hour to close solidly in the plus column.
The indices experienced a strong finish to the week, as a late morning and afternoon short squeeze dominated price action, and the indices closed near the session highs going away.
The indices had a strong snapback off early losses that held support and at the end burst through 3-day resistance and closed at the session highs going away.
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