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The NASDAQ 100 initially rallied during the trading session on Wednesday as the world awaited the FOMC Meeting Minutes.
This is a market that clearly showed a proclivity to continue the uptrend during the day.
The Parisian CAC 40 rallied ever so slightly during the trading session on Wednesday, as we hang about above the 6500 level.
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The S&P 500 recovered quite nicely later in the trading session on Tuesday after it wiped out the gains from Friday.
The NASDAQ 100 initially fell during the trading session on Tuesday but found enough support underneath to turn around and rally yet again.
The FTSE 100 fell a bit during the trading session on Tuesday to reach down towards the 50-day EMA.
The DAX Index fell initially during the trading session on Monday but recovered nicely from the trendline that has been so important for so long.
The S&P 500 did almost nothing during the trading session on Monday, as you would expect, due to the fact that the underlying index was closed.
The NASDAQ 100 futures market was open for electronic trading on Monday, but there was very little in the way of volume, so you would think that almost nothing could be read out of the candlestick from the Monday session.
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This is a market that is in a major uptrend and is breaking out to the upside.
The S&P 500 rallied rather significantly heading into the weekend as the jobs number came out with an addition of 850,000 for the month of June.
The DAX Index gapped higher to kick off the trading session on Friday, but then went back and forth to show signs of hesitation.
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Sign up to get the latest market updates and free signals directly to your inbox.This is a market that continues to show hesitation, but overall, we are still very much in an uptrend and channel.
The S&P 500 continues to look very bullish, as we have power it higher during the trading session on Thursday, heading towards the Friday jobs number.
The NASDAQ 100 has done very little during the trading session on Thursday, as we continue to see a lot of upward pressure overall, but perhaps we are taking a bit of a breather heading into the jobs number on Friday.