The Intra-Day Indicators are more bullish than they have been for a long time. The market has spent most of the day in a Happy Zone, which is currently being tested on the top boundary. Due to the slightly more bullish nature of the market, we got a nice bounce to the upside after testing yesterday's low. I'm sure new buying is reluctant considering the market's tendency lately to fall to new lows at the end of the day.
Charles
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