Morning Thoughts

Morning Perspective

Yesterday the market started off with solid gains, building on the solid upward action of  last.  However the upside came to a head and then a shoulder, before pulling back into the afternoon.  When all was said and done the S&P500 ended up basically flat on the session.  The Nasdaq however had run into a level of resistance I was looking at early in April.  One that looks ominous when viewed from a longer time frame.

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