The rally took another one of its narrow day pauses while holding the bulk of yesterday's gains. The S&P flagged slightly heavier volume (selling), but that is all you could say about it. ($SPX) via StockCharts.com The Nasdaq 100 continued to hug former support as it closed with yer another multi-year high. ($NDX) via StockCharts.com But even the semiconductor index failed to excite. Today was the first lower close in nine trading days, but it's -0.04% drop was not one to write home about. ($SOX) via StockCharts.com So today's selling offered little other than suggest the rally is not yet done. Bulls to return tomorrow? Follow Me on Twitter Dr. Declan Fallon is the Senior Market Technician and Community Director for Zignals.com . I offer a range of stock trading strategies for global markets which can be Previewed for Free with delayed trade signals. You can also view the top-10 best trading strategies for the US, UK, Europe and Rest-of-the-World in the

For the large number of qualifying stocks it wasn't the most exciting set of breakout stocks. The following five are the best of the bunch, all showing good volume and most with breakout gaps to boot: DXCM, ELX, NE, SWIR and WRES. Happy Trading! Follow Me on Twitter Dr. Declan Fallon is the Senior Market Technician and Community Director for Zignals.com . I offer a range of stock trading strategies for global markets which can be Previewed for Free with delayed trade signals. You can also view the top-10 best trading strategies for the US, UK, Europe and Rest-of-the-World in the Zignals Trading Strategy Leaderboard . The Leaderboard also supports advanced search capability so you can tailor your strategies to suit your individual requirements. Zignals offers a full suite of FREE financial services including price and fundamental stock alerts , stock charts for Indian, Australian, Frankfurt, Euronext, UK, Ireland and Canadian stocks, tabbed stock quote watchlists, multi-curr

The S&P jumped higher after yesterday's narrow range. Volume climbed over yesterday but it was still relatively light - a mild accumulation day at best. So far, no reason to suggest the rally is done yet. ($SPX) via StockCharts.com The Nasdaq gapped higher from the open but was unable to take advantage with an intraday continuation. Rising support remains the cut-off line. ($COMPQ) via StockCharts.com The Russell 2000 keeps its upward momentum running inside its narrow channel ($RUT) via StockCharts.com But the real winner was the semiconductor index. It gained nearly 2% and finished just shy of channel resistance. Technicals are very bullish with a clear MACD trigger 'buy' above the bullish zero line. ($SOX) via StockCharts.com Can tomorrow bring more gains? Or will a retreat offer a buying opportunity? The Nasdaq is closest to rising support, which if tested will offer a good entry point. For large gaps, look for a test of Wednesday's open - but th

Today's five-in-five will appeal to the trend followers. The following stocks feature: FXEN, MBI, MPAA, SGEN and SINA. Follow Me on Twitter Dr. Declan Fallon is the Senior Market Technician and Community Director for Zignals.com . I offer a range of stock trading strategies for global markets which can be Previewed for Free with delayed trade signals. You can also view the top-10 best trading strategies for the US, UK, Europe and Rest-of-the-World in the Zignals Trading Strategy Leaderboard . The Leaderboard also supports advanced search capability so you can tailor your strategies to suit your individual requirements. Zignals offers a full suite of FREE financial services including price and fundamental stock alerts , stock charts for Indian, Australian, Frankfurt, Euronext, UK, Ireland and Canadian stocks, tabbed stock quote watchlists, multi-currency portfolio manager , active stock screener with fundamental trading strategy support and trading system builder. Forex, p

Low volume and a tight intraday spread didn't change a whole lot. The built-in tension could unwind with a further push higher - particularly for an index like the S&P which is trading in the middle of its channel. ($SPX) via StockCharts.com The flatlined MACD reversed its 'sell' trigger and even managed a modest accumulation day. Watch how it behaves on selling given its proximity to channel support. ($COMPQ) via StockCharts.com The Nasdaq 100 finished on former channel support; is this a return to the dominant channel or just a peak in the rally? ($NDX) via StockCharts.com Although after a series of strong days the semiconductor index was quiet. ($SOX) via StockCharts.com Rally intact - even if a little dull today. Follow Me on Twitter Dr. Declan Fallon is the Senior Market Technician and Community Director for Zignals.com . I offer a range of stock trading strategies for global markets which can be Previewed for Free with delayed trade signals. Yo

Whether you looking to ride the momentum train with ALLT, or catch the start of the next big move with GLF, there is a little something for everyone here. Remember, you can use your Zignals Stock Alerts to set up pullbacks (price within 1% of 20-day SMA is a good one) from stocklists created with the stocks featured here - and in earlier five-in-fives. Follow Me on Twitter Dr. Declan Fallon is the Senior Market Technician and Community Director for Zignals.com . I offer a range of stock trading strategies for global markets which can be Previewed for Free with delayed trade signals. You can also view the top-10 best trading strategies for the US, UK, Europe and Rest-of-the-World in the Zignals Trading Strategy Leaderboard . The Leaderboard also supports advanced search capability so you can tailor your strategies to suit your individual requirements. Zignals offers a full suite of FREE financial services including price and fundamental stock alerts , stock charts for Indian, Austra

It was again left to semiconductors to do all the running and this helped the Nasdaq and Nasdaq 100 close with gains. The SOX posted another 1% gain on the back of a fresh MACD trigger 'buy' above the bullish zero line - a strong trending move. The 20-day MA has played as picture perfect support since the index cracked above its 200-day MA last October and is an excellent place below which to place a stop. ($SOX) via StockCharts.com For the Nasdaq, semiconductor strength has meant a rally which has ridden the rising channel line. The MACD has flatlined so the 'sell' is not really relevant as a signal (for now). ($COMPQ) via StockCharts.com Semiconductor strength has also kept the Nasdaq 100 just below its former rising channel (although I have illustrated a new, shallower channel). Technicals remain healthy, helped by the net strong gains over the past 12 months. It's the leading index at the moment. ($NDX) via StockCharts.com The other positive news c