Smart money usually closes trading sessions.
After the major indexes sagged around for most of the day they eventually caught nice bids.
But we also need to take note of what’s going on with Broker Dealers, Semiconductors and Retail, which are also good predictors of trend, and were all negative.
Common sense would leave us to believe the market is tired and due for a pullback.
But markets are known for shredding up common sense scenarios.
We’re not going to make any calls here.