Despite what looked like a dreary day in the major averages, we count today's action as a win for the bulls as we saw an increase in relative strength in some of the technology stocks into the close. Breadth finished positive in the NASDAQ and the Qs held well all day. Again the action was choppy and leadership in gold and oil is not something we like to see. All and all the today was par for the course with the action we've seen this entire month, with that said, 2 decent closes in the Qs leads us to believe a strong bounce in technology may be coming.

Trading in this environment has been very exhausting. Each day we give it our all, grinding it out, buying and selling stocks; however, it doesn't seem as if we've made any ground the entire month of March. As a trader, there are times when you will feel as if you are spinning your wheels, putting forth the effort but not covering much ground. The important thing to remember is your not alone and over time the conditions will change, a trend will develop and before you know it you'll be breaking into new highs with days like today a distant memory.

It has been another exhausting week but remain sharp and on your toes. I have a feeling tomorrow may provide the excitement we've been waiting for.

Have a good evening.

RevShark