4:01 pm update. We close in red but bulls showed a lot of strength on the afternoon. This is a tough market to trade. I'll come later with details.
Up-down-Up-down pattern is about to be broken. This is going to be the second straight down day but I don't think we are going to close outside the 1177-1200 range.
The dollar is continuing it's rally and it looks like the buy signal generated by EMA15 crossing EMA30 on daily chart is real.