Wow, Big swing day in all the markets on a day that had no domestic reports.. yet the trend lines are still in tact. Both the low and high ends of the channel were tested and the day's still not over yet.
For the Bulls, key market sectors like ^DJT have crossed though resistance to make higher intra-day highs. I'm wary of a possible fakeout but still worth noting as 'Transports' is often the market leader. For the Bears, NASDAQ hasn't been able to cross back above it's 200 EMA and all markets have fallen off their intra-day highs.