I've arrived back home a little later than expected today following a short 3-day vacation. I had planned to put together a market update tonight but with the new subscription service rolling out today & not much new to report since my last update, I'm making it a priority to answer any questions or help with any issues transitioning from a free-trial/open enrollment period to the Gold or Silver membership terms. New members that recently started a 3-week trial will still have full access (Gold level) for 3-weeks from their sign-up date while anyone that has donated to the site will continue to have full access throughout April & will soon receive a email detailing your total contributions & matching credits, which can be applied towards any future subscription services.

QQQ daily April 1st close

QQQ daily April 1st close

Regarding the broad markets, about the only technical development worth mentioning since I left town on Friday was the fact that most US stock indices finish the trading session to print bullish engulfing candlestick on Friday. I won't try to minimize the bullish potential of those candlestick patterns other than to say that the markets, especially the Nasdaq 100/QQQ (the index which I am most concerned with), still only managed to once again, essentially close at the bottom of the very technically significant Dec 31st/Jan 4th gap. That keeps the markets in a wait-and-see mode heading into the week: Will the $NDX solidly enter those key gaps and if so, will they be able to do more than just a backfill of those gaps before a healthy pullback or more lasting trend reversal?

As the bulk of the programming updates & membership roll-out has now been completed, my focus will start to turn back to the charts this week. I should have the short trade ideas updated early this week & with the long trades updated last week, my focus will turn back to looking for the most attractive setups, both long & short. I'm also open to any ideas, individual stocks, sectors, etc.., to replenish the Growth & Income Trade ideas as we had quite a few hit their final price targets recently.