Market Summary

SPX:
Trading Range
Note: Divergence on RSI

NDX:
Breaks out

IWM: Flag with a slight downward angle.  Controlled.

BREADTH



VIX:  Dangerously low

Monthly:

ADV/DEC:
Flat lining, momentum is waning.
But still a lot white space -Bullish / tread carefully

McCellan

Industry Groups at 3 year RSI highs:
Copper
SCCO,

 TRQ, HBM, FCX,
Industrial metal
VALE, BVN

Steel

MTL
AKS
X
SIM
GGB
USAP
TMST
SYNL
FRD
STLD
NWPX

Farm and Construction

CMCO
GENC
ARTW
TEX
DE
AGCO
CNHI
MTW
Security and Protection

KTOS
SPCB
MSA
NSSC
MAGS
BCO
UUU
CIX
VII
NXTD