It was a close call but, in the end, bulls prevailed. As we are reminded by those lovable Legos (yes, they’re back) everything is awesome!
VIX is back below support and SPX’s rising channel is intact. The Dow, the market’s best barometer of bullish interference, is back above its SMA200. See if you can spot the turning point.
With futures currently up 10 points, will the market mind when oil and gas continue plunging this morning? We’ll see.
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