
We've been consolidating virtually the transcend of the multiweek make inward the ES futures, afterward having registered a bull high yesterday. Note, however, that nosotros did non encounter fresh bull highs yesterday inward the Russell 2000, NASDAQ 100, or S&P 400 Midcap stocks. We equally good failed to brand bull highs inward the financial, consumer discretionary, energy, together with consumer staples sectors of the S&P 500 Index. While aureate remains on a tear, nosotros are far from recent highs inward unsmooth stone oil together with below bull highs inward the wide commodity marketplace (DBC). Neither did nosotros register fresh bull highs yesterday inward the euro or Aussie dollar vs. USD. I am watching all of those markets closely on line inward the ES to encounter if they are leading a novel leg higher or continuing to lag together with continue us make bound.
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