Markets Move in Direction of Intermediate Term Trend

Before the close all four major indices are moving lower in the direction of their intermediate term trend. The hammer on Tuesday in the DJIA, SPX and RUT is NOT confirming today. Markets are moving towards Tuesday's low. The RUT has actually fallen to a new low and the DJIA is moving toward a new closing low even though the index is above Tuesday's intraday low. We hope you have continued to trade with the trend, if so, you should be loving this trend. Wednesday's Action Before the Close Moving Up: GS, USO, LEH Moving Down: X, FSLR, CLF, SCHN, MEE, CNX, ANR, POT, NUE, CF, MOS, MA, PCLN, BTU, DRYS, RIMM, MTL, DECK, MON, IPI, AAPL,FWLT, BIDU, AMZN, V, SOHU, JASO, MER, NKE, BRCM