Hopefully, the chart shows up in this email. I like looking at the past…as you know. And uncannily, this market is tracing out many election years. Now…we only adhere to what the market shows us but I thought this was a good one to show. If form follows, we get more upside into August…a good correction on Sept/Oct and then another leg up. Again…just showing. We will always watch market first.

 

OK-The chart not showing up on this email…if you want to get a copy, email me at [email protected] and I will send iut directly to your email.

 

I think you can probe some ROST here…with stops under 50 day moving average which is just under $65.80. If market indeed goes higher, I expect more names but beware, a lot of this move up is the stuff that lagged the most off the weak euro/strong dollar play. That is reversing so you see all the commodity areas and commodity countries coming up.

 

AMZN and HD look fine but as you can see, not getting a lot of juice yet.

 

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