TVO Market Barometer 2/3/16

The reversal today was swift as the stop hunters did their bidding and took out the cautious “SPY 189 must hold or else” clan, and left things somewhat divided on the volume scale. On the Nasdaq, up/down volume was about even while the big board managed to log in some substantial accumulation… so the bulls only got about half of what they bargained for, but the bears will have to put in a hard fight to regain momentum at this point. It’s hard to remember the last time our

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