It is like the toddler who is pitching a fit and won’t go to bed but can’t manage to keep his eyes open either. stocks fighting sleep

That is what we are dealing with in this market – it won’t allow itself to sell-off but can’t find the momentum either to push price higher and ultimately through all-time highs. 

With the SharePlanner Reversal Indicator flashing a bullish reversal on the daily and so very close to one on the weekly, it may very well be that the market can finally put together the necessary momentum to push price through this tight trading range that it has spent the better part of two years in. 

Here’s the almost confirmation on the weekly chart that should unfold either tomorrow or early next week:

shareplanner reversal indicator 6-2-16

By the way, if you want the Daily SPRI sent to you each and every day, then sign up for my newsletter on the upper-right hand column where you’ll get updates on the market delivered each and every morning before the open, for free. 

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