It was important for the bulls to fight back today and show that the previous two days of selling was merely a dip in a broader market rally. However the only thing we weren’t too crazy about was that the market continuously sold off as the afternoon wore on. But even so, it wasn’t anything that would cause us to change our opinion of the current market run we are in the midst of. Tomorrow is the last trading dy of the week, and Fridays have shown themselves this year to be quite volitile. So we would tend to expect more of the same tomorrow as we look to close out the week.
Here’s the Nasdaq and S&P Charts…
