49% of US Stocks are above their 20 day moving average
47% of US Stocks are above their 50 day moving average
Market bias: neutral.
Predictability confidence: low
The market gave up some ground today after the impressive rally earlier in the week. Potentially some profit taking going on at the end of the week, or perhaps reaction to a news release about US jobs. Either way, the market is still in an unpredictable state. No positions at this time.