Even the battered Nasdaq is set to break significantly higher across the rest of this week. First target is decending resistance around 4150. Once broken, easy upside to 4200/50 within a day or two. Meanwhile, the VIX is once again in melt-lower mode. The 12/11s are coming.
Nasdaq Comp', daily
Summary
*earnings at the close, EBAY, TWTR, and STX (the latter of which I'm long).
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Suffice to say, regardless of ANY minor intraday chop, we're seeing this steamroller of a market turning back upward.
With sp' in the 1880s...bulls are back in control. All that is necessary now, a daily close >1884, whether today, tomorrow..or later this week...makes little difference.
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yours.. still heavy long..and having a 'reasonable', if tiresome day.