In the first hour, the indicators were mixed. Financials and Energy were bearish, while Discretionary Stocks, VIX and Advance - Decline Line were neutral at best. At the 1030 ET bell, all indicators turned Green.
After the 1030 ET bell, the market, being above both the 0930 ET Open and VWAP, tested a recent pivot low and then bounced to the upside with everything giving a Green signal.
Charles
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