Buying is now Detected on All 4 Major US Indexes

DOW and Russel showed Buying in the few sessions in the LAST WEEK and today S&P500 and NASDAQ have joined in. UMVD or Unusual Market volume Detector is showing GREEN for all 4 Indices today. Also, US Market Strength Index (US MSI) is showing green in todays session.

Now TREND IS STILL DOWN as seen with the Red TrapZones so, Bulls have a lot of work to do still.

Note

Russel is showing price action strength and Buying Volume as well.

Note

Volume is back in for the long side and market internals also point to Green !!

Note

tradingview.com/x/Xe5Dxw16/1

Its all green now except Russel TrapZone - but is within reach.

I would watch out for a fake Pop. Its FOMC tomorrow so be alert !

Trade closed: target reached

I think the long is done for now, Time to close them !

Trade closed: target reached

Will start a Neutral Bias Thread for continuous analysis of the Indexes - rather than long and short Ideas. Thank you for your support, follow to get live alerts of latest Technical Analysis.

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