The Nasdaq Composite has formed a bull flag here which measures to 3000. Would that surprise a few people? Is the market full of surprises?

The QLD - Ultra QQQ Proshares broke it’s trendline resistance intraday on a 5-minute chart. The double bottom and higher low helped set the trade up. First entry came on the change in trend, but I didn’t take that. A second entry presented itself with a base breakout. Bottom of the base becomes the stop. Target becomes the top of it’s flag on the daily.

The bull flag is offering a little trading range here, which is acting as support and resistance. Options expire tomorrow.

This market is a resilient energizer bunny. Trendline support holds again for the major indices.

SNDK - Sandisk Corp. found a bottom at the 200 daily moving average. If technoloy gets hot in the 4th quarter, this could see 70’s once 56 is taken out.

LULU - That move yesterday sure looks similar to a favorite trading pattern.

FCSX - Moved higher off the higher high buy signal on the daily chart.

DDUP - Up too.

JRJC- Still trading in that wedge. Should break soon.

RVBD- Breaking out today. See if it holds.