I do not think so, major earnings out of the way. $ under control
oil down and financials stable. As long the $, Oil and Financials behave I think we grind higher. I change my tune if 2 of the 3 start to misbehave.
King this could go a lot higher.
$ and oil are big right now. Watch both of these over the next week.
I like the nasdaq, companies have done a great job guiding lower so the surprise over the next couple of months is to the up side.
oil losing ground with 10 minutes to go....before the pits close.
if oil can close down 4 or more that should give us what we need to get into the mid 60`s before es closes.
JMO
Watch oil futures between 2 and the 2:30 close. Oil recovery
could send us back to the mid 50`s. A further lower closing
will help this thing test higher.