The markets got a lot of volatility on Thursday. They were down sharply in the morning, even breaking support, then bounced back mid-morning, and accelerated into early afternoon, before consolidating late in the session.

The markets seesawed back and forth today, but ended mixed on the day.

The indices extended their rally to nominal new 2009 highs earlier today, as they spiked up on positive economic news.

The indices had a strong opening and vaulted to new 2009 highs today early on, but reversed mid-morning, came down, bounced around, tried to rally back, failed at resistance and rolled over.

The indices had a strong follow-through session today to yesterday’s late rally.

We had a very interesting session today, a big opening gap down as futures were lower all evening.

The markets snapped back today and failed to follow-through to the downside, but at the end of the day, despite the rally, the indices did nothing more than retest the resistance zones and breakdown points.

The indices started the week on a sharp down note. Pre-market futures were sharply lower, as the market gapped down big time, made lower lows in the morning, bounced around mid-day, consolidated, and then rolled over towards the end of the day, closing not far off the lows for the session.

The stock market indices ended the week on a down note, although in the last half hour they snapped back and took back about half their losses.

The indices had a volatile session, particularly in the afternoon after the FOMC made their announcement.