Markets are higher and we have tagged the SPX 1,000 level and the Nat Gas $4 - all at about the same time.
SPX +14, NAZ +22 and DJIA +112.
Strong sectors- commodities, gaming, Brazil, energy, metals and financials while biotech, brokers, small caps and drugs lag.
NYSE- 2340 up and 570 down;
NAZ- 750 net green;
NDX- 82 GREEN;
SPX- 415 GREEN;
VIX - higher by 18 cents at 26.1;
TRIN- .55 with up volume 8.5x the down;
The round number of SPX 1K has been hit and the question is where to from here- I doubt we sell off hard as everyone probably figures this number gets sold-
RSI 2 numbers at 96/97 on the SPX/DJIA respectively - so the usual there for now also.