The S&P 500 and the Nasdaq posted weekly gains, and broke what was a string of losing weeks. However, the Dow booked a loss for a fourth consecutive week. The market continues to pull back from its highs. So far the retracement has been relatively tame, and even healthy, as we are finally getting some digestion of the sharp gains which were made from the mid-Feburary lows. The most important thing to see going forward would be a break out of this current downtrend to the upside. That would be most technically significant, and would mark a possible start to a change of the market’s tone. We had another two breakouts this week from the Technical SetUps WatchList. SEE TODAY’S COMPLETE REPORT HERE