Tuesday Market Wrap

{+++} For the day the SPX/DOW were +0.60%, and the NDX/NAZ were +1.70%. Bonds lost 4 ticks, Crude dropped $2.15, Gold slipped $3, and the USD was flat.

Short term support is now at SPX 1884 and the 1869, with resistance at the 1901 and 1962 levels. Short term momentum reached  overbought at the close. Hopefully it can stay that way. If you remember we were using 1828 and 1841 support for the losgest time. 1840 held like a rock.

I added two new names to the P&L today, CLVS and FSLR.

I also started the new month for the April P&L which reflects any active names.

Biotech may be getting interesting again.

See you guys in the morning.

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