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Holding Friday's Gain

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In what amounted to a really dull Monday, indices were able to hold Friday's gains. Anything else to say is really just noise. As part of the noise is a relative shift in the semiconductor index away from Semiconductor Index, to the Nasdaq 100. However, the price breakout held.

Dow Breakout Continues Market Strength

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A fresh breakout for the Dow continued the strong run of form for the indices. The Dow closed above 18084, as early morning weakness was unable to crack bulls resolve. Volume climbed to register accumulation.

A Repeat of Yesterday's Action

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For today, see yesterday. There is really very little to add on that. I'm surprised the S&P is holding on to its breakout given how tight it is to 2093 support.

Small Caps Take Best of Action

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There wasn't a whole lot of action on the day, but the Russell 2000 was able to add nearly a quarter a percentage point and hold on to its breakout. Technicals have stayed net bullish since the break from the original channel (which ultimately led to the current trading range).

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