IT CONTINUES
Here we go again- equities are up along with metals and oil- the SPX +7, NAZ +12 and the DJIA +55.
Strongest sectors- metals, emerging markets, energy, homies and gaming while brokers, reits, real estate and drugs lag.
NYSE- 1300 net winners;
NAZ- 700 net winners;
SPX- 390 GREEN;
NDX- 70 GREEN;
VIX- down 3% and about 7% under the SMA 10;
TRIN- .56 with up volume about 5x the down;
RSI- 2 levels still above 95 on major indexes - selling some longs and thinking we pull back some time before summer- letting go of more SSO;
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