Looks like the banks finally had a modest pullback, back toward their 50 MA support levels. GS almost made it to 250 before pulling back to the current 234. Beyond the 50 MA support (226) would be the 210 level where the last phase of the breakout started.
Wouldn't be surprised to see the overall market take a breather soon too. For the S+P maybe back to the rising 50 MA (222) and next support below that would be the original 217 breakout level. Likewise for the DJIA, with a pullback to the rising 50 MA (currently 19,429).
SRCL is trying to work its way back into the 80s. Could the bottom finally be in? Possibly, but still early.
The dollar tested near 100 and bounced, and might test some more before starting to move back up again as the Fed's Spring meeting approaches. I'm still thinking it gets to 110, maybe in the Spring/Summer, assuming no change in the Fed's guidance for their aggressive schedule of rate hikes. Time will tell..
