'W'rooomm: Upday on Friday

After close analysis:

Dragged my feet to trading desk today and was really lucky to walk away with couple of trades (ON A FRIDAY, someone call 911!)! Took an early short off 3min for crumbs then went long on what I consider one of the best confluences I've seen in a while. There was a nice 1bo-r (cont) then a 6bo later in the afternoon (for tracking purposes).

How about market today? Nice rally off critical support into critical resistance (aka subway sandwich hehe). I completely missed (attention shoppers: time for a break!) the multi-day support and that's where market found support in morning and reversed with a nice 3-day 'W' on 30m. The semis 'willed' the market to the upside with H&S failing and that's the story of the day. Where do we go from here? I like what the semis are doing but would like to see the Dow take out 10875 level. All charts are bullish, now let's have some follow-through especially that today was an inflection point in terms of time! Hubby back in town and taking a much needed break next week.

Thought(s) of the day: what's life worth without our loved ones?! I feel incomplete......

Market breadth was very +ve with almost no pullbacks once the rally took off later in the morning. Vold (hi @870) and Addq held yesterday's low before taking out yesterday's range and reversing up. Add did the same after a small dip below yesterday's low. All 3 have +ve xover.

Futures were followers today. Open was weak compared to indices with AB, NQ, and ES dipping before reversing. AB's low held at multi-day bo level and dbl bottom before rallying and in the process taking the 630 level (prior bo) and stopping (hi of day) at another bo level (636): that's the level to watch on AB. ES 200R chart is in bullish zone!

Indices very strong from the open. Sox & Smh found ema support right away and held before reversing and rallying & taking out the most recent daily hi. The H&S pattern failed and that was a signal for the market to reverse course. Dow did pretty much the same while recording a hi just shy of critical area (@10850-75). Watching possible dbl top (horse-shoe pattern) on Dow.

Overall positive day!