There is nothing much to report here in OPEX, as all seems to be quiet going into the end of the week.
Tomorrow we have the JOBLESS CLAIMS, the philly fed, and a few earnings report to kick off the day.
It seems right now, every time the S&P comes off 5-7 points we rally higher into the end of the day.
What I thought was worth mentioning is the NASDAQ chart which seems to be bumping and grinding a little higher. But on the daily chart below, we seemed to have formed an ASCENDING TRIANGLE on a pole.
normally these sorts of patterns precede higher prices, especially with the indices.
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| ascending triangle pattern |
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