Stocks have continued to perform well over the course of the trading day today. While buying interest has remained relatively subdued, the markets continue to benefit from news out of Europe.
That news of course is that European Union officials are working behind the scenes to pave the way for a new Spanish rescue program and unlimited bond buying by the European Central Bank. Will this actually happen? Or is just a another smoke screen coming out of Europe?
Crude Oil is continuing to struggle and I noticed a powerful technical indicator in Gold today that we’ll discuss.
Now, let’s go to the charts and our Trade Triangles and see what’s happening. Click Here to view today’s video
Every Success,
Jeremy Lutz
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