Big Breakout – Prepare For a Day of Rest

The market does not typically have back-to-back strong days.

PRE-OPEN MARKET COMMENTS TUESDAY - Yesterday the market broke through the downward sloping trendline that started in August. It didn't poke at it, it blew through it. That is a sign of aggressive buying. The market is bumping up against horizontal resistance at SPY $775 and it might need to consolidate gains for the next few days. If it can hold this level, it will take a shot at the all-time high.

Daily Bulletin Continues...