Looking Forward To Next Week

Another mixed day with the S&P and Dow up and the Nasdaq down. Wednesday it was the S&P and the Nasdaq down and the Dow up. In general, when the markets are not in synch, I tend to give the benefit of the doubt to the trend in force, which is still up. Today, we had a volume failure too: we went up on lower volume today than we came down with on Wednesday. I remain a structural bear, but we're going to need more sparks to the downside if this break is for real. Next week will be key.