Monday's strong upward move across the board, a session-long continuation of Friday afternoon's snap-back rally, was most encouraging.
Inside the indexes it was very good to see FFTY rally over 2%. That basket of innovative companies shook off last week's blues emphatically.
What now? Well, the indexes have mostly recaptured their 200 day moving averages so we are back to looking for them to turn those lines into support.
Futures are down this morning about an hour before the opening bell. We are at 100% invested.
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