It's still in need of a proper cleanout.
But the market could use some more fear.
Market gets highly emotional -- and sloppy.
Stocks play red light/green light amid volatility.
The good news is that the 10-day moving average ETF put-call ratio is heading down and, typically, a downward-pointing moving average is supportive and bullish for the market.
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If I want to be nitpicky, even though the new highs have expanded, they are still below their peaks.
A sloppy down day follows Fed rally.
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Indicators show disparities.