SANTA RALLY - If we get more strength for the rest of the week it bodes well for the Santa rally. This week is Triple Witching Week and December Triple Witching is the most bullish of them all. It’s really bullish to see the relative strength line of the small caps making new highs before price suggesting a heightened risk appetite. Good luck today and don’t forget to always use stops!
DATA – breakout, RS line in new highs before price, EPS 2/3
INFN – breakout, RS line in new highs before price, EPS 2/4
ZBRA – base cheat area, RS line in new highs before prices, EPS 2/18