The Pause that Asphyxiates

Slow Mondays are not uncommon, but yesterday’s tedium verged on asphyxiating. It was interesting to the extent that it left some key vehicles, including DIA and the S&P 500, sitting precisely at rally targets that were reached on Friday.  If the push through them comes as expected, you’ll have some clear targets to work with to trade either side of the move.