So we made a new high yesterday and will push up a bit higher today on the open. Well who woulda thought? Not the media Muppet's that's for sure, nor the yesterdays news crowd which have been busily stocking up on gold and baked beans.
I'm not getting carried away with this but the first step is in place a higher high. Lets see where and when the higher low comes into it. Something that is interesting is the biggest of the big Caps made a high mid April and didn't tickle those highs yesterday as the XJO/XAO was making new highs. So will that be some nasty divergence or a sign that once BHP and the Big 4 banks get going we could easily add another 200 points in a couple of days. Maybe next week?
Something to keep an eye on.