To Be Continued...

A week has gone by and the major market indices continue to consolidate. It is like watching a TV series with a teaser for the next episode..."To be continued...", the technical levels for the DJI, SP500 and Nasdaq remain unchanged. Until the market has given a sign that the bear market rally has ended, I will remain selectively long with tight stops, it is too early to go short.

Here are the updated charts: