This Market Action Is Not Creating Many Setups

It is slow going out there, but that has not deterred the dip buyers that jumped on minor pullbacks and have the Nasdaq 100 ETF (QQQ) and the iShares Russell 2000 ETF (IWM) in positive territory. The S&P 500 ETF  (SPY) is lagging but isn't trying hard for green.

Breadth is negative, with around 2900 gainers to 3300 decliners. New 12-month highs have dropped to under 400. The dip buyers are helping to keep the tone positive but already slow action is slowing further....364 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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