NDX100: FAST & Furious Trade action demands a Tactical Posture.

NDX100 Daily Chart @ Close 11/23/2015

The 'easy' Long Tactical Trade was the GAP 'fill' @ 4500 coincident with the 50/200day SMA Buy Signal 11/16.
Matters NOW complicated by an Outside- Down Day 11/23 suggesting a proper test of the 50/200 Buy Sign circa 4450/70?
Early December machinations re: ECB QE/ FED Hike & the ever lengthening Sino- Commodity SHADOWS......care now.

Reversal Higher signals another Buying Opportunity behind us?

S&P500 Daily Chart @ Close 11/16/2015 

GAP closure @ 2055.20 (last Week) was 'our' Short- Term Tactical play; an Outside- Up Day now heralding a retrace of losses from the rare 2116 TdM Set- Up.
Outlying GAP below @ 1951 THE worry still & will haunt this Rally........or not?

BioTechs complicating matters with an OUTSIDE Daily Reversal?

$BTK Daily Chart @ Close 11/11/2015

Whilst we noted in THEWEEKLY that a 'Fill' of the GAP in the S&P500 @ 2055.20 should be viewed as a necessary & healthy development; the OUTSIDE Down Day witnessed in the HIGH Beta Bio- Technology Index does complicate matters somewhat.
Let's see what eventuates if/ when the GAP @ 2055.20 gets filled.