Guy S. Ortmann, CMT | Aug 15, 2018 10:15AM ET
All of the indexes closed higher Tuesday with positive internals on the NYSE and NASDAQ as NYSE volumes fell from the prior session while those on the NASDAQ rose. Some of the charts saw some slight improvement, leaving the short term trends a mx of neutral and positive. The data is almost entirely neutral. So although the futures are pointing to a negative open this morning, we have not yet seen enough of a change in the charts and data to alter our current near term “positive” outlook for the major equity indexes.
Some Charts See Slight Improvement
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