Indices Attempt To Breakout Lower. Buyers Step In And Stop The Slide

It appeared today, the Indices were going to breakout on a short-term basis and potentially test intermediate-term support. However, once again, buyers stepped in and bought the dip driving price right back into the rotational range from yesterday and a several day midpoint of rotation. While the price range today extended slightly, the average true range is still only a few points.

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