The bulls had their way with the market again today.
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The 200 dma on both charts is now quickly disappearing in the rear view mirror. Momentum continues to rise. RSI is near overbought, but that may not be meaningful in a market that might be on a mission.
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Breadth continues to look strong.
NAAIM reports tomorrow. Will we see a stronger bullish reading? We might. It's always interesting to see what they are doing week to week.
I remain bullish.
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Or you can now use TapaTalk again!200 dma Disappearing in the Rear View - Posted by Coolhand
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