The S&P registered a modest 'sell' trigger for On-Balance-Volume.
The Nasdaq is developing a narrow 'flag' near highs. It will soon have former channel resistance to work with as new support.
The Russell 2000 had the largest loss, which continues on a theme of broader rotation out of Small Caps. It finished on breakout support, but looks ready to take further losses.
It will be next week when we will see the theme for Q1 2014 develop. Until then, play it slow and bank those gains.
If you haven't already, I keep a tumblr of stock picks charts which feed through to my Twitter account (unfortunately, I haven't found a way to route the RSS to my Stocktwits account).
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Dr. Declan Fallon is the Senior Market Technician and Community Director for Zignals.com.
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