The stock market indices had a narrowly positive session. They opened with a big gap up to new highs, pulled back very sharply on negative economic news, but then bounced around, bounced back, and then backed and filled all day, failing to break out above or below support or resistance intraday.
Select international ETFs are among the few ETFs presently trading at fresh all-time highs. As such, a pullback to their 20-day exponential moving averages could present low-risk entry points.
The stock market indices opened lower today and spent much of the day in negative to neutral territory, meandering back and forth in consolidation ranges.
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