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[Tuff-Stuff]

Fallond<>Still NO S&P Breakout~~

A second day of light losses kept markets relatively restrained. There was some technical change, but nothing too significant to shift the larger picture. The Russell 2000 gave up its breakout in a possible 'bull trap', and this needs to be watched closely if such a move is not to be confirmed with additional losses tomorrow. Note, this index is still range bound in a 'handle', so the 'bull trap' is not a particularly strong one.

Cont http://www.markets.fallondpicks.com/2015/02/still-no-s-breakout.html