Markets Look To Fill Gaps As Uneasy Calm Descends

After Monday's AI sell-off sent tech stocks reeling, we had some comeback as buyers filled the void, only for traders to take some quick profits off yesterday's bounce. The Russell 2000 ($IWM) posted its third indecisive doji in a row as it lingers near its 50-day MA and $226 support, but there was also a bearish reversal off mid-level stochastics combined with a distribution day. The index is positioned for a bounce and has held up better than the S&P and Nasdaq, so it's more likely to attract the next round of buying, and tomorrow would be as good as any.