Thursday, February 5, 2015

Small Cap and S&P 500 both fire a buy signal.

sp-daily

Today, Thursday the 5th, the S&P 500 closed above the green CBL buy line. So tomorrow price needs to stay above $2057 by 11:30am and the buy signal will be confirmed.

$dwcpf

Small Cap also fired a buy signal today and closed at an all time high. Funny how things change quickly in the markets. Small cap must hold at or above $1067 by 11:30am in order for this buy signal to confirm.

Let’s hope that this is finally the time the markets get rolling again.

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