What Is Causing Today's Market Swing And What Next

The US stock market swung wildly today with the Dow up 100, down 110 mid-session and closed up 90. I am listing the following factors in order of importance according to me:

1. Full Moon, total lunar eclipse---Bullish and Bearish

2. Ukraine tension escalates---Bearish

3. Big market drops in Shanghai, Germany, UK and France---Bearish

4. Coca Cola and Johnson & Johnson both reported good earnings---Bullish

4. US housing index and Empire State Survey worse than expectation---Bearish

4. Dow and S&P 500 met resistances at their 50 day moving averages and Russell 2000 broke support at 200 day moving average. ---Bearish

5. Nasdaq Composite found support at 200 day moving average and Russell 2000 recovered above 200day moving average.---Bullish

As for the near future, the stock market has bottomed out short term technically, stock market should move up tomorrow with the help of better than expected earnings from Intel and Yahoo. Dow may move up to test its all time high at 16631.

Charts for major market indexes, strong ETFs and the strong stock within them: