Thursday, April 11, 2013

Yep, The Market Is Up -- Again!

Maybe it's time to fully embrace my emotions of:   "It's never going down".

Is this emotional puke bullish or bearish?

 But today did introduce intraday structure that indicates potential weakness.  And that seems like a joke to say considering my negative structural take of the multi-day rally higher -- which of course sucked the entire way up.

But we are here to learn and enjoy the process.  Uncovering biases and invalid analysis is what we live for.

I like this shot of the daily action in the S&P sectors.  It is staring to show patterns and I want to start including it each day in my chart book and this blog. Booming healthcare and laggard technology at highs is never a good sign.