Bulls put in a new rally high and closing high today. I think we need to go a couple points higher to avoid the appearance of a double top.
The stochastics on the daily got above 80 and they are "kissing" at 73 on the weekly.
The day's candle was a spinning top which could be a reversal candle if validated by tomorrow's trading.
Tomorrow's economic data is jobless claims and I have felt this will have the biggest impact on the markets this week. Walmart releases earnings before the open and Disney reeases after the close tomorrow.
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