Trading Week Update

Yesterday I posted about the S&P getting to a strong resistance level and how every rally since October last year has been killed in four days or less (link to yesterday&

The S&P closed higher for a second day. Some dovish Fed comments from the Cleveland Fed President and lower T-note yields gave a boost to the Market. The earning season is

The S&P rallied today but got stuck at the same level I have been monitoring in the last three days. The rally went from 4,465 to close at 4,520,

The S&P keeps moving sideways after it gapped down on Feb/03. There isn't yet a good clue about the direction that the Market could take in the future.

In my posts during this week, especially in yesterday's post, I have been warning about the quality of the rally and the signals that made me skeptical about it, holding me