A quick post tonight. The NASDAQ managed to close above the 50-Day MA today. A positive sign for the market. The S&P 500 on the other hand, sits right below it.
I had 2 triggers today. I took CTXS for a day trade, although it still looks good.
LYV broke out today, it also looks good.
Until we […]
Not a lot of action in the indexes today, as they chopped a bit higher. It’s worth noting that the major indexes are approaching their 50-Day SMA’s. This could provide some resistance. It will be important to see how they react here. Indicators are pointing higher though. Some sideways action here is possible. That would […]
Just got back from a short vacation on Monday night, and am happy to see a nice little rally in the market. Volume has been too low to officially call this a rally though, but the S&P has not broken out of this bear flag to the upside. It looks like we could see some […]
