We discuss the pause day in the S&P and the outperformance of the NASDAQ. We identify a beautiful MA pattern on the intraday S&P E-Mini that made for a great short opportunity. We re-examine the possible head and shoulders formation on the NASDAQ. And we analyze a longer term S&P chart that looks to be forming a WV pattern. We are neutral on oil, as it closed lower by $1.37 to settle under $123.
