Momentum Trades

Bulls Bend But Don’t Break

9:00am (EST)

The market ended mixed on Wednesday as the Dow and S&P 500 finished higher while the Nasdaq and small-caps ended lower.  Despite the role reversals, the bulls we happy to see some green following the breakdown to the bottom of the trading ranges earlier this week.  The bears pushed fresh 3-month lows after the open and will be trying to keep their momentum but yesterday’s action showed bullish signs

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