The dollar got hammered today, which pushed the market higher. But it wasn’t a huge move in the the indexes. The market really seems in need of a pullback, but it continues to inch higher. The Dow is approaching 10,000. It could offer resistance, or provide a victory for bulls.
I was only watching a few […]
The dollar gapped up this morning, which caused the market to gap down. But the dollar began selling off late in the morning, as seen here in UUP.
Overall, the S&P 500 and Dow were down slightly on lower volume and the NASDAQ up slightly in choppy trading.
There were five triggers from the Watchlist. Market action […]
The bull run continues, as the S&P 500 has broken out of this rising wedge pattern. It if can consolidate here, it could move higher.
Of the 3 indexes, the NASDAQ has the most bullish looking weekly chart, and it is the leader. It formed a bullish double bottom pattern, and is respecting this trendline. The […]
