On Tuesday, stocks and commodities rallied as U.S. retail sales and Chinese economic reports were viewd favorably.
However, volume was lighter and a dissapointment to technical analysts. The good news is that indexes found support
at the 200dMA. Will need to closely monitor near-term action to see if institutional sponsorpship may become present.
The climate is HIGH CAUTION.
Focus is on stocks emerging from bases & above 50dMA.
This morning, futures are pointing to a LOWER opening.
View the charts of major indexes TESTING 200dMA