NASDAQ LEADING THE WAY

Above we have a chart of the 3 main indices...The top chart is the Nasdaq, the next chart is the S&P 500 and the bottom chart is the Dow Jones...Over the past 7 days, you can clearly see that the Nasdaq has been the strongest of the the 3 indices. The Nasdaq has already taken out the highs from last week while the S&P and the Dow have not but are very close.. It appears that money is flowing into tech stocks at the moment which is usually bullish for the overall market but lets see if this can hold up for more than just a week!