The Dow Jones Index had a good push today, where it opened slightly down, tested the low of yesterday and made a bullish push for the rest of the day. The NDX had a reversal from yesterdays bearish candle. The SPX had a bullish close as well to the highest close of the week!
Of our Bullish ideas and mentions, MO triggered as it moved above the $56.70 resistance area. It is approaching the 50 day simple moving average which may give some additional resistance at $57.96. VRX continues to move higher through the Jan2018 highs. JNPR seems to continue its bullish push today as well. HOG had a slight pullback from highs on the 6th as it broke the 50 day SMA. MYL has had a nice run back to get close to the Jun 5th range high of the day
BEARS: LM continues to trade near the lower range of support and there is small dividend next week on the 11th. This may give it a push through the support area. SEDG is still trading on the lower end of the weekly range so look for weakness to push it through the lower support area as well. MCD and COST both moved high and never triggered to the downside!
G7 meeting this weekend so look for news on Sunday night of anything that may trigger the market in either direction. Have a great weekend!