Tuesday New Highs

After yesterday's miraculous rally (the 3rd in the last 10 days, and also the weakest), which took us out of that little tight range I was expecting us to stay in, this morning we went right back into it. I played it safe with the support and resistance levels and expand the range up to 1193, but we still have a pivo point at 1178 to contend with, and I don't believe the Fed has any POMOs scheduled today. Oddly enough, there is not much of a spread between leading and lagging sectors: the leaders areXLY and XLB, lagging are XLK and XLV, and there is only about half a percent difference top to bottom. The Nasdaq and Russell 2000 are bith lagging pretty badly. Oil is down, gold up, and Treasury yields are down. The Euro is bouncing after an overnight drop, and the market is following it nearly tick for tick.

I have 59 new highs so far, with breakouts in RVR, INHX, HUN, CRZO, SCR, and CHSP. I have BSDM from the relative strength list scheduled to report, I can't tell if they have or not, but they are down 7.7%.