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NASDAQ - The NASDAQ has now reached the 200 sma. We are getting late in the daily cycle.
Read More When the markets get later on in there cycle counts and start to get a little choppy, it can be boring and even a little tricky. You'll see what I mean by tricky when we cover the general markets and Oil.
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SPX #1 - The SPX has hit a new high as it pushed against the 200 sma Tuesday after a brief pullback. Does that change anything? ...
SPX #2 Feb 5th - A while back I had mentioned that in the past that we saw false break outs at the 200 sma before, so that could happen again. So breaking through that 200 sma doesn't really change anything, but I'll show you why it gets a little tricky shortly.
Read MoreNot much changed in Mondays trading , but I want to discuss something in addition to a quick review and possibly a new sector perking up. Let's get right into it...
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SPX - No change here, I think that the upside on the first daily cycle has run out of steam and a dip will come before another move higher.
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