Market Cycle Enters Phase 1 with a new Yellow: Up / Neutral Cycle on 2/4

After our recent sell off, and resulting whipsaw as a result of the short squeeze that ensured, the broad markets are once again moving higher again.  We have a change in broad market cycle that showed up with our V-Trend suite that shows up on 2/4, and appears to be holding for now with the stage for another market melt up.  With a new 52 week high now in place on the SPY, we may see another day or two of consolidation taking a look at the drawn trend lines.  Happy Trading!