- Weekly chart above...comments on it.
- Market is coiling sideways...breakout coming...which way is impossible to know.
- My preference would actually be an upside breakout which would get the bulls excited some more and then a failure which would have them trapped and finally forced to sell or ride their positions and hope....which is not a good spot to be in.
A positive Thursday
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US equity indexes closed significantly higher, SPX +81pts (1.1%) at 7747.
Nasdaq comp' +1.4%. Dow +1.2%. The Transports settled +0.7%. R2K +0.3%
SPX – da...
3 hours ago

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