12 May 2014

The daily bar is bullish. Our ST is bullish, and the SPX is flirting with all time highs.  Nothing really much to say that wasn't said last Friday in regards to the trend of the market.  We do however need to look at the overhead BB which is sitting at 1901 currently.  A touch or a pierce of this level could call in the high and reverse.  A reversal bar to accompany this scenario would also add to the conviction of a CIT.

MT: UP
ST: UP
PA: UP