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So far in the markets it seemed like Everything had been taking turns moving higher, right? Aa a lean Green fighting machine, we've seen Tech, Biotech, Oil & Energy, Precious metals, metals and miners all enjoying a day in the limelight. All the charts are looking great!
....Or are they?
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On a day when the NASDAQ had what would be considered a normal healthy pull back,
SOX ( Or SOXL) Semiconductors - Suddenly yesterday, behind the beauty cracks appeared.
Read MoreIt was another one of those days when it seems like almost every sector had green in it and stocks that were moving higher yesterday. Lets take a short review of a couple of different sectors and then discuss some of our current bullish set ups...
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NASDAQ from yesterday - Early in the daily cycle count, I was leaning toward a bullish resolve of this battle at the lows. It was the most likely scenario due to cycle count and many of the stocks that I liked were holding up nicely.
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