Momentum Trades

Market Ends Mixed

9:00am (EST)

The bulls made another attempt at fresh all-time closing highs but struggled to hold onto their gains as the major indexes finished mixed on Wednesday.  The bears didn’t have much luck either as their attempt to push support never gathered momentum.  We have been warning of a trading range for a few weeks now and while they are frustrating to trade the move out of them can be dramatic.  Time will tell, maybe as early as today. (continued…)

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