World Bourses are grinding sideways to higher.

I opened a technical report this A.M. from a source that sends to hedge funds reiterating their sell recommendation for the Nasdaq with a 100 point stop looking for a 10% correction.

The persistence of the bears is revealing in that the Bull thesis is intact.

Spu’s...2598 is today’s reversal # for profit taking.

With the U.S. Indices grinding sideways to higher all you can do is monitor these levels for profit taking.

Euro..the rally stopped at a good level yesterday @ 119.61. The P&F now confirms that level as resistance and the upside closing pivot.

118.81 is the monthly ORH #. This level needs to hold for Dollar bears.

Euro...25X3 Point & Figure