8 Apr 2015 - Pump & Pump

The morning started with a push down but did not have enough strength to maintain its momentum from yesterday and eventually ended up in positive territory and maintained its level through the Fed Minutes.  With the Fed being split on when to raise rates, I assume markets were split as well on whether to sell or to buy.  Yesterdays bearish sentiment got diluted today by the SPX maintaining its price in the intra-day chart above its 75ma, and todays positive close has made a CIT on the ST.  How quickly the attitudes change overnight.  There was no Pump and Dump today, so with the change in ST, we should look for more upside unless the intra-day charts decides to push lower into OS territory.

MT: DOWN
ST: UP
PA: NA