A LOOK BACK - SNDK

SNDK is up about 5 bucks today and I am taking some of mine off the table. It was mentioned back on March 23 in the mid 50's and it may run into some selling pressure at this level.

The SPY today has not touched its Pivot Point and probably won't as it keeps attacking the 131 level. I have chosen to sit this action out and wait for a better setup. Be aware that if we do bust through, the 131 level becomes support.

The sectors outperforming include Semis, Big Cap Tech, Homies, Oils, Retailers and Metals. I note the underperforming brokers and did Jimmy give the Kiss of Death to GS with his 225 price target. It had been going up just about every day, did he do it again?

The NAZ internals remain surprisingly blah as they are just 140 to the green. I just wonder if they may be telling us something about the close.