18Feb2016 Market Close: US Markets Slide South, But No Determinable Direction Trend For The Short-Term, Crude Falls Off Session High Mark, DOW Down 41 Points

Written by GaryUS averages sea-sawed trending down, but without enough volatility for scalping trades. Crude continued it down-trend and settled in the low $30’s while the US dollar remained trading in the high 96’s. Short-term indicators are mildly bearish, but no real marker as to what Mr. Market is going to do next. We are at another cross road, where one will have to flip a coin to determine the market direction.

Source: 18Feb2016 Market Close: US Markets Slide South, But No Determinable Direction Trend For The Short-Term, Crude Falls Off Session High Mark, DOW Down 41 Points

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