THE CLOSE

Fish or cut bait time as major indices sitting all over the 50 day which means a ton of names sitting on the 50 day. A move to the upside gives a chance to take out highs. A move below and we shall talk. Remember, we have not had a 5 percenter in a long while. 5 percenters are a normal part of the process. Keeping fingers crossed the bull phase resumes on a strong up day ffrom here.