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Can Market Hold 13-day Moving Averages?

Technical picture is improving. 13-day moving average is bottoming for all three major indices. All three indices closed above 13-day MA today. From my point of view, Nasdaq is the most important index, it led others since 2008. If Nazz closes above 13-day MA on Monday, that would be very bullish.

There is a lot of talk of huge volumes in the first three weeks of August. I think it's safe to completely ignore volumes now, when computer-generated trades exceed trades initiated by humans. Volume becomes a function of price movement, doesn't matter in which direction.

This is first time in months when technicals, fundamentals and sentiment all aligned in the bullish direction. Am I missing something?