The S&P  500 once again finds itself higher for the week. The index broke out nicely following its test at the 50 week moving average. Up next? 1370.

The Nasdaq Composite is straddling its upward trend line. The Nasdaq is a market on fire, but will it come crashing down, or continue to make multi-yr highs?

Crude oil has been inching higher for the past two weeks on developments in Iran over its nuclear program.It bounced off its 200-day MA and pushed through the 50-day  MA in one fellow swoop, and may be ready to make new short-term highs.

As predicted, the US Dollar quickly recovered to the 80 level, before failing at the 50 day MA. What is very peculiar is that despite a stronger dollar, oil still proceeded to go up.

The international real estate market has improved of late and crossed the 50 week MA after straddling the 200 week MA for some time.

Despite all the turmoil in Greece, the European stock market is performing really well. It crossed over the 200-day MA and held the upward trend line last week.