The S&P 500 is confirming the uptrend and I would say if your out you should be in. Monday we closed above $1363 and today we were up, so this was the enter day again. The CBL protective bailout looks to be cancelled and we will be watching the 50 day ma to make our exit. Click the link below and you will see that we are accelerating up from the 50 day ma.
The Small Cap was an entry Monday and still is. Accelerating away from the 50 day ma and I’m still using the CBL bailout point at a level of $657. If this uptrend continues another day or so, I will cancel that bailout and use the 50 day ma. You may click the link below to see and updated chart of the Small Cap.
The International index is still a watch and we need to close above $50.83. We are so close you can spit on it. We will use a CBL bailout line if we call an entry soon. We also closed above the 50 day ma two days in a row, so things once again are looking up here.
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