By: Scott Redler
The upper range is now getting ready for some type of resolution. Our uptrend has been strong and rotation still continues to improve. As long as the S&P holds 1,160-1,162 area it seems like a new quarter and money could take us through the 1,175-1,180 resistance. Every time a group rallies and gets overbought, another group steps up and takes the lead.
Right now gold looks like it wants to make a move.
Oil is also opening up above my resistance zone.
