Interesting trading today. Kind of looks like the typical Friday...

Interesting trading today. Kind of looks like the typical Friday sell off before weekend.

I have noticed a positive macd outside ranging channels.

Also the Impulse macd had flatlined at 0 for the last 4 days which was interesting, but finally did a positive uptick today on a down day. Despite the SP being down, it suggests that the market is leaning towards upwards momentum in the coming days.

To break out of the slower trend to a much more powerful upwards move it will likely take about 3-4 weeks, just in time for the quarterly. This will be an interesting next few months of news and re-rate IMHO. As always DYOR.