The S&P 500 broke out the top of the Bull Flag todaybut will need follow through tomorrow to prove that this move is the breakout move. You can see the breakout HERE.
The Small also did the breakout thing but it did it with authority. This was a major move and one I’m happy to see. So even if we get a small pull back tomorrow, it should end up still above the Bull Flag. You can see Small Cap chart HERE.
Bonds, even though I think they are going nowhere this year, did peek above the buy CBL today. It still has to get above the 50 day ma before a buy signal is fired. You can see that chart HERE.
International made a very nice move, no signals fired yet.
No comments:
Post a Comment