Stocks almost broke above their short-term consolidation on Tuesday, but investors' sentiment worsened again and bears took the lead on Wednesday. So, which direction is next? Stocks are expected to open higher today, but will we see another attempt at breaking above their over two-week-long trading range? There are some potentially positive news releases coming, but will they outweigh negative ones?

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Tuesday's trading session was very bullish, as stocks got to their recent local highs following an overnight speech from the Chinese President and his pledges to cut some trade tariffs. Bulls are on the run again, but will the market break above over two-week-long consolidation?

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Stocks extended their short-term fluctuations on Monday, as investors hesitated following last week's Thursday - Friday's move down. Expectations before the opening of today's trading session are very positive after an overnight rally. Investors cheer Chinese President's pledges to cut some trade tariffs. But will the market break above over two-week-long consolidation?

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The stock market retraced most of its last week's Wednesday - Thursday's gains on Friday, as investors reacted to worse-than-expected monthly jobs data release, trade tariffs announcement. Friday's sell-off brought the S&P 500 index back to its medium-term upward trend line. Will it break lower this time?

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Stocks continued their short-term upward march on Thursday, as investors' sentiment was bullish following Wednesday's rebound off support level. Will uptrend continue despite an overnight news concerning additional trade tariffs? The market is about to face the monthly jobs data release at 8:30 a.m. this morning.

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