Tonight's HCPG newsletter points out that today's action leaves the SPY with 14 days of consecutive higher closes. The SPX chart above shows that price barely paused at resistance before breaking through. Volume on the BO is average, so there was no short squeeze in play. Are investors too complacent? Since we didn't pause at the base, we should expect a retest.
The RIMM swing trade is in peril. Price closed below 6DMA and the rounded top looks very bearish.
Daytrade - GMCR formed a bullish flag pattern, but didn't reach full extension.
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