Not much to say about today - good or bad. The Nasdaq finished with a small doji which is perhaps a little nod to bulls, but it would be a stretch to say today was a bullish day.

There wasn't a whole lot to Friday's action; Large Caps posted a small gap move break with Semiconductors managing a new all-time gap high. The gap in Semiconductors cleared the consolidation from earlier in the week. Technicals are in good shape with only a potential bearish divergence shaping up in the CCI, but other technicals remaining firm

Another day of low key gains with the Russell 2000 doing most of the leg work.  The Russell 2000 returned above its 200-day MA after rebounding off the moving average yesterday. The Russell 2000 is still underperforming against the Nasdaq, but it's working towards fresh leadership.

There wasn't a whole lot to today's action other than maintaining the run of gains.  Semiconductors were again the leader of markets, which helped the Nasdaq and Nasdaq 100.

There wasn't a whole lot to Friday's action, but best of it was given over to the Russell 2000. The Russell 2000 cleared its 200-day MA in a near 1% gain. Technicals are net bullish and any short positions will have been cleaned out by the close above the 200-day MA. The question now is whether the rally off March's low can build a rally continuance, but the initial signs are good.

Aside from Semiconductors there wasn't a whole lot going on today. However, Semiconductors did have a very strong day with the negation of the two-bar reversal. The gains returned a new high in relative performance to the Nasdaq 100 with a return of the MACD trigger 'buy'. Following earlier action this week it's a big change on the declines of last week.

The S&P rally from December lows had consolidated through February but today's gain put an end to that consolidation. The breakout came with a 'buy' trigger in On-Balance-Volume. Relative performance against Small Caps took a tick higher; a mixed signal, rally is defensive until proven otherwise.