The stock market is very volatile today. From the daily chars, both Nasadq and $SPX formed a hammer off the daily 20MA/20EMA. This is bullish sign. But the volume is higher today with market going down. This is bearish sign.As seen from the 60 min charts, both Nasdaq and $SPX have been trading within symmetrical triangle. My short term view is neutral until market shows us which way to break.
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