Hello Everyone,
No major technical changes to the markets since my detailed weekend discussion from Sunday. Most of the indexes closed up slightly roughly 1/2% gains.
Short-term there is a fairly obvious rising wedge, which we show via a 15 min and 3 min chart, therefore some weakness/pullback in the short term would not surprise me. But overall we think the market will work to higher levels such as 4360.
The systems continue to kick ass, what else can I say?
Strong day for the US Dollar
most commodities closed modestly down
have a great evening,
Matt
