Subscribers Special Report Via -TradesAfterWork.comPosting this to share with our readers: (We really like these Weekly Technical Briefs by TaW). This daily chart of the Nasdaq Composite Index shows the PPO turning up again. Obviously, that is positive for momentum. Friday's price action in the Composite looks very positive with a gap up in the morning and the price trading above all of its primary moving averages ie: the 12 Day Simple Moving Average, the 21 Day Exponential Moving Average, 50 Day Simple Moving Average and 200 Day Simple Moving Average. The short-term trend of the market has returned to the positive, joining the intermediate and long-term trend of the market.The S&P 500 Index daily chart below shows that the PPO has improved significantly and now is positive. The S&P is now trading above the 50 Day SMA and the 21 Day EMA, so all pistons are firing with prices above all the major moving averages. The RSI is at 60. This index is confirming that the bulls are in control of this market.This weekly chart of the S&P 500 Index is the first week out of the last four that the S&P 500 Index that the price has closed above its 10 Week SMA. As you look at this week's weekly candle, you can see what a strong "bullish" candle really looks like. The PPO has now turned positive. The RSI is pointing upward. All 3 of the major moving averages, the Composite, S&P 500 Index and the Dow Jones Industrial 30 are showing their hands, and are saying the market wants to go higher. Disclosure: I may trade in the ticker symbols mentioned, both long or short. My articles represent my personal opinion and analysis and should not be taken as investment advice. Readers should do their own research before making decisions to buy or sell securities. Trading and investing include risks, including loss of principal. If you liked this article, please click the LIKE (thumbs up) button. Feel free to leave any comments, question, or opinions. (Sign-up if you haven't already done so)! Follow us/bookmark us and check back occasionally for additional articles or comments on our page... Wild Tiger Trading - start/main page. With our Daily Trackdowns, check back for additional analysis/observations during the trading day in the comments by us or our readers. .Are you interested in trading stocks to supplement your income or make a living? Maybe become a professional trader? Many traders have the skills and nerves to trade, but not the upfront capital.Well now that problem is solved!Try2BeFunded has expanded its trading program! If you're a novice or experienced trader, you can earn access to a trading account with up to $100,000! To learn more about how to qualify, click HERE and give it a shot! You have nothing to lose it is free to try. Give Try2BeFunded a try! .