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Yesterday's gains reversed for S&P and Nasdaq, as Russell 2000 gains

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The headlines may have made it look worse than it was for the S&P and Nasdaq, but the gain in the Russell 2000 was important after a week of indecisive action. Volume climbed to register an accumulation day for the Russell 2000, along with a new MACD trigger 'buy' in support of the earlier 'buy' signals in Stochastics and On-Balance-Volume.

Little change for markets

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There was little change for markets between Friday and Monday.  Only the Russell 2000 is indicating it might lose more ground, although it hasn't lost support of its 50-day MA yet.  For the Russell 2000, the MACD is still holding to a 'sell' trigger, along with a strong 'sell' in ADX and relative performance.

Large Caps gain and Nasdaq joins along for the ride

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The S&P kept things moving along with a new closing high for the week. Volume was a little disappointing, but technicals are all bullish. 

A Pause in Proceedings

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Some days markets move, some days they don't - this was one of those latter days.  There wasn't much going with today's index action, with cryptocurrencies hogging the headlines. The Nasdaq remained on breakout support.

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