Lowrider cars aim to cruise as slowly as possible. Owners paint them with intricate, colorful designs.

Lowriders ride on 13-inch wire-spoke wheels with whitewall tires. They have hydraulic systems that allow the vehicle to be raised or lowered on demand.

Some of you might be thinking-how long is Mish going to stretch the car metaphor? Heck, I’m thinking that.

Crazy thing-it’s working!

The market has required precise steering (7/5/17 Blog) and vintage tools, especially hand cranks (7/6/17 Blog.)

The Transportation Sector (IYT) took a holiday from death and made new highs (7/8/17 Blog).

Plus, yesterday IYT had us wondering if the hotrod was indeed ready to percolate.

So why a lowrider today?

The invisible hand that drives the market to raise or lower was visible today.

For instance, painted with intricate designs, Transportation (IYT) cruised as slowly as possible.

At one point, after news came out, IYT’s price lowered to 172. Then, it bounced right back over the critical monthly channel.

Semiconductors continued to trade colorfully, closing nearly 1% higher from yesterday.

Even Retail (XRT) began the day making a new yearly low only to bounce back into positive territory.

As mentioned last night, I prefer to see buying in the Modern Family sectors for promise of a stronger U.S. economy.

Today, the Russell 2000 (IWM) helped the rest of the indices. Hugging the pivotal 140 area, IWM like lowriders, made sure the public saw its bounce.

Yet, are the market hydraulics as easy to move up or down on demand as the touch of the switch in a lowrider?

Keep on the lookout for a major cyclical switch.

In lowrider culture, owners will barter for labor and parts.

Equities, after an 8-year run, could be ready to barter with commodities.

After an 8-year bear market, many commodities are looking like they are getting fitted with hydraulic systems and whitewall tires.

S&P 500 (SPY) 244-245 resistance to clear. 242 pivotal Under 240 not so good