05 April 2016

SP 500 and NDX Futures Daily Charts - Pullback, But Still an Uptrend

Stocks pulled back a bit today, and volatility returned to the upside as the end of quarter nonsense took a time out.

Still, stocks are in an uptrend that has not yet been broken. This is most cleanly seen on the SP 500 chart.

The financiers are a bit nervy about global developments, and the growing discontent amongst their clients, muppets, and designated victims.

Have a pleasant evening.