The market continued the post fed trend with a little pop right at the 50 dma. This is a key level so we'll see if it holds. Next up is the open gap at $118.50 and the all time highs around $120. If the market is truly ready to continue the 2016 up trend, it will clear these levels.Note: No video for tomorrow and I will not add any positions. I am content with 5 for now. If looking to add positions, go the our focus/relative strength list. Our post Fed analysis has not changed. I am slightly bullish and will add positions slowly if the market continues to show strength. Be aware that it often takes a few days for direction and volatility to play out. For this reason I will not panic of current positions pullback some. These are longer term holds as long as the market continues to show strength and not violate key levels on pullbacks. I am playing through pullbacks (as with JNUG today).New long FIT today as it broke it's 200 dma. This is a bottom formation breakout.
