Weekly chart on the right appears to be forming a top. but it is clearly in an uptrend
daily chart (on the left) – good chart damage a few days ago in higher volume
Major Indexes rose only 0.2 % – 0.3 %. Small caps ran up – Russel went up 0.2%
On NASDAQ – volume – a good indicator of institutional buying is roughly even compared to Monday.
The best Industry group today is automation industry – up 4.1% – supported by CGNX – up 11%
Consumer loan, oil field services, scientific and measuring gear, heavy construction and outsourcing companies also outperformed well and grew more than 2% today.