So, the market broke higher last week and caught the daily upper BB (see charts). Nasdaq closed above 2500 and SPX closed just above 1425. VIX kept on sliding and has been riding its daily lower BB lower.SPXSPX added +1.78 points to close at 1425.35. It has started to ride its daily upper BB higher. Its daily MAs looked ready to extend their bullish formation. The MACD (difference) just went positive.Nasdaq<a href="http://www.istockanalyst.com/images/articles/nasdaq_5_16_08g200854412.jpg" [More...]