What looked like a bit of a selloff this morning turned into just another consolidation day. Buyers were able to push the indices back near unchanged by the end of the session. There’s really not much to say at this point, I just want to see what the charts look like after the Federal Reserve announcement tomorrow. As usual, I’ll be taking the Fed day off. I won’t be posting a watchlist in the morning but I will post some charts tomorrow evening. Here are today’s charts:
Trend Table
No changes.
| Trend | Nasdaq | S&P 500 | Russell 2000 |
| Primary | Up | Up | Up |
| Intermediate | Up | Up | Up |
| Short-term | Up | Up | Up |
(+) Indicates an upward reclassification today
(-) Indicates a downward reclassification today
Lat Indicates a Lateral trend
