Daily Market Commentary: Small Gain Accumulation

The gains were small.  The volume greater.  The rally ticks along.  There is little more to say than that...

The Nasdaq is riding a sharper angled trend, but breaking this wouldn't be the end of the world.  And realistically, this will happen sooner rather than later.


The Russell 2000 maintains its run of good form, and its relative advance against the Nasdaq.


The semiconductor index took a small loss. Again, nothing to be too concerned about, but look to the semiconductor index to lead  the Tech indices.



---

Follow Me on Twitter

Dr. Declan Fallon is the Senior Market Technician and Community Director for Zignals.com. You can read what others are saying about Zignals on Investimonials.com.

JOIN ZIGNALS TODAY - IT'S FREE!

Popular posts from this blog

Nasdaq primed for breakout

S&P "Bull Trap"?

"Black Candlesticks" are a concern for the S&P and Nasdaq

Archive

Show more