Hello Fellow ChartWatchers!
The markets continue to power higher with the S&P 500, Nasdaq and Wilshire 5000 all joining the Dow Jones Industrials in the “Above the 200-Day Moving Average” club. The Dow is now challenging its big overhead resistance area around 17,750. Last November, it faltered just below 18,000. Will history repeat itself? Check out last Saturday’s webinar for more details on where things might be headed (and please join me for next Saturday’s webinar too!).