'Bull'back

After close analysis:

Wasn't feeling too well today so will keep it short. Only 1 short trade which was a 2/6bo and that was it for the day! Will be interesting to see tomorrow if there's a follow through to the upside or more cnsld (dbl dip).

Market breadth was neutral with a slight downdraft for most of the day. This kind of action is usually associated with pullbacks especially after a strong move.

Futures were weak with ES & NQ penetrating their emas to the downside by early afternoon. AB penetrated both emas to the downside but retraced back.

Indices were stronger than futures. Dow held last Friday's upper range. SMH and SOX both retraced some of the recent gains but remained above ema.

Overall positive day!