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.

Comment:

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

Comment:

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

Comment:

www.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.