Stock Indices Pause Offering Good Trade Location For Tomorrow

Today was a day when neither buyers nor sellers could gain control of the market. In the first hour of trading, the battle ensued with both buying and selling tails. That led to simple rotation for the balance of the day. The extremes of the rotation can offer good trade location on a breakout move, assuming the breakout is confirmed by the internals. The Briefing outlines important short-term support and resistance.

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