I like today’s action as it favors the bulls. After looking at this chart I opted to put some cash to work today near the close and bought ARMH SWKS RVBD. We ended today right at support. We could gap down tomorrow but until my main signal goes bearish, we should be buying these dips. Deploy your cash in different intervals, so if we do have a major sell off you’re not going to get hit to bad. There is a gap (indicated by circle) that could be filled but I’m not worried about that possibility yet.

nasd

Breakout is holding and consolidating.

ndx

MACD + RSI are climbing with higher highs/lows. Almost looks like a reverse head/shoulder.

naud

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