Short-Term Market Analysis June 24th, 2014

I think we can hold off on any aggressive buying based on short-term chart formations.

Sometimes the best thing to do is to RELAX and wait for trades to come to you.

The market stays strong as long as the SPX [1,966] is above 69.10 on it's weekly chart and the NASDAQ [4,393] is above 4,357.97 (March daily closing highs) on its daily chart.