The markets had a volatile morning, pulled back early afternoon and then rallied very sharply at the end of the day, taking out overhead resistance and perhaps completing a basing pattern on the Nasdaq 100 that's been developing over the last 3 days. The S&P 500 also broke out, movng up nearly 25 points just in the last 90 minutes but trails the NDX at this point.

The indices had a very volatile and indecisive day today, and closed mixed.

The markets had quite a bit of volatility today, and dipped to new lows early and then again even lower lows by mid-day, but at that point reached the bottom of their 4-week down-channels, were oversold intraday.

The markets had a choppy session with some volatility on Monday, but at the end of the day they rolled over very hard and closed at the lows for the day going away on the Nasdaq 100 and not far from them on the S&P 500.

The market ended mixed to lower and the blue chips were a lot worse off than Nasdaq today.  The NDX, in fact, managed to edge to the upside and close in positive territory.

Today we got a definitive and decisive down day. With very negative pre-market futures, the indices gapped sharply lower and stair-stepped their way down sharply all morning, bounced around mid-day but were unable to make any higher highs at all or even get over their intraday declining moving averages on the 5-minute charts.

The indices ended up on the plus side, but they were quite volatile, particularly after the FOMC made their announcement about keeping interest rates unchanged.

The stock market had three distinct parts of the session on Tuesday.  The indices started out lower, came down sharply in the morning setting new lows for the pullback, and then turned around sharply as the oscillators became very oversold and the indices reached the bottom of the trend channel.

The markets had a somewhat narrow, consolidative day. After a higher opening, they then moved down rather quickly in the morning and had a sharp sell-off, particularly on the Nasdaq 100.