Trends remain higher and levels of intermediate term support moved up once again this week. I will be out on Friday and the video below outlines key levels of support for the market to hold for the buyers to remain in control. As emphasized in the video, if we see a break of these levels it will not turn the markets bearish, only more neutral in the intermediate term and we would have to watch the action further for more clues as to what is next. Until then the trend is your friend.

2-14-2013 2-21-03 PM