Markets today did just the opposite today what they did on Tuesday. They started off weak, and ended robustly. The Nasdaq recovered 55 handles from its intraday low, reclaiming its 200 day SMA and recording a bullish outside day in the process. The S&P 500 also had an outside day finding support precisely at its 200 day SMA. Technicals reign supreme amid big volatility. A few breakouts transpired today, although just below the greater than 40% average daily volume threshold. Read the Rest…

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