After an ugly candle on Friday, markets settled back down today and floated higher. Traders who are in tune with the important numbers will also understand that from a technical perspective, and a daily chart, nothing is wrong with the bull case for the market.

However, there's always a story within the story. Ther are some charts that point in the southern direction for price. Several of the shorter term charts, as well as one of our favorite market leading indicators is teetering.

In this episode of common sense market analysis, we'll look at all charts from a technical persepctive and we'll also discuss the markets from a common sense perspective and together come out with the best case scenarios for where markets are headed next.

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