While Apple may be weighing on the Nasdaq, it does have the help of a vastly improving semiconductor index. A break of September's swing high would help do the same for the Nasdaq.
The Russell 2000 has experienced a series of narrow range inside days, which suggests a big swing move is about to follow. This should follow the prior trend and break higher.
The S&P is also ready to clear its September high. Unlike the Nasdaq, there was no distribution in this index - another positive sign.
For Tuesday, watch for upside follow through following last week's consolidation breakouts
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