The week ahead.

Well is was an interesting week, with Monday being a bull crusher. The most interesting thing I saw was that every time the bears tried to push the market down, the bulls pulled the market up by it's bootstraps. On Friday we finally broke out of the long held channel to the upside, bullish? I think so, each time the bears tried to break the market down and amidst all of this bad news, the the bulls picked it back up, including a retest of earlier resistance levels. One of the other interesting things I saw was when the horrid jobs number came out telling us that we have lost 500 thousand jobs, the market went into a mudslide. All hope lost? Never, the bulls started firing bullets up the bears' nose, pulling the market out of the sliding channel. Mondays action will be the true test for this break. Will we back test the line and break it or will we leave it in the dust like it never existed? My vote is for the latter. Be vigilant and trade smart. And remember... "Money never sleeps"
Have a profitable week.
-Absolution