Win for the bulls with the three tells of yesterday playing out. DJI huge hold of MP, IWM also rebound from MP, and VXX rejection of its MP.
Today SPX moved back above YR1 nixing the rejection. But a wick on the candle, along with NDX QQQ weakness, continues to suggest congestion which has been my view for the last few days.
SPX, NDX, DJI and RUT below.
