No time for usual blah blah today.
The NYMO cycle is UP and deep in the Upper Turn Zone.
We hit the upper Turn Zone last week and price response was to continue up.
Breadth has been very bullish consistent with a breadth thrust move.
That said the NYMO high may be in. So, further gains may be given up eventually.
Price appears to be finding resistance again at the declining tops line.
Bulls want to break that thing.
No gap magnets in play at the moment.
For all the really impressive breadth strength we have had, price is still well within December's range.
Makes me wonder.
Light long with BE stop at the moment.