QQQQ: +.54
IWN: +.21
Notice:
1.) All of the averages had an upward bias throughout the day.
2.) All three averages sold-off after their rally.
However --
The IWNs rallied back to close near their daily highs and the QQQQs rallied as well, although they closed off their peaks. Both averages rallied on increasing volume, which is bullish.
The SPYs rallied as well, although they were less than inspired in their trading.
All three averages showed a break-out, sell-off that tested certain levels followed by a rally. Those events are generally considered to be bullish.
