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Many sectors of the market look ready to break one way or the other. Can we gain an edge as to which way they will go, or is it just a coin toss? Lets take a closer look.
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This was the NASDAQ at the close on Monday. It was pushing against resistance in various forms.
Notice what seems to have showed up by the close today...
Read MoreMondays show opened up to mixed reviews.
SPX - SO far we have seen a nice move up from the double bottom lows, but there is some resistance slightly overhead.
So here is where the reviews get a bit mixed...
Read MoreWeek in review, lets see how things are growing...
SPX - Are we setting up for a back test and rejection? Or are we about to break through?
Lets look at some clues...
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