So far has been some amazing weeks especially if you are trading small caps , they have all been on fire especially BIO stocks lately.
So for now there is nothing more than keep trading those small caps for now , they are all running hot and there is no key supports we have broken below.
KEY AREAS:
1. Expecting new all time highs underway on SPX
2. As long SPX above MA50 there is nothing to worry about for bulls.
3. Both NYSI and VIX is suggesting that the current rally does not have much more power in it,, so dont expect too much of big gains ahead in the near term , but I would still expect new all time highs before we turn lower.
4. Gold been strong since 2014 began and I still expect both gold and silver to go higher in a bull market from here – as long holding 2013 lows.