Here's a chart of how I see the action so far today. Two nice efforts at consolidation and the last one is nicely on the 200 mav. While the mav may not hold short term, these are positive signs for the rest of the day.
I'm also surprised no one mentioned the S&P being a possible false break (or did I miss a post?). SO far our market is behaving itself and not preempting to much which is also a positive sign imo.
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