US equity markets showed a surprising degree of bullishness today, particularly given the general expectation of a pullback following recent gains. The markets internal statistics were somewhat mixed, with a slight bias in favor of buyers. There were no changes in the trend table - short-term trends are up, the longer-term ones are still lateral.
Today's small pullback in US equity markets wasn't anything sinister, particularly given the near 10 to 12% rise over the last few days. There were no changes in the trend table.