Another Dull Day, But a Positive One - Posted by Coolhand

We aren't moving fast, but if you're a bull, you are moving in the right direction right now. The afternoon session was weak as gains were tempered. I'd really like to see a breakout to the upside rather than dancing not far above the 200 dma.

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Upward momentum is still rather flat. That 50 dma continues to close on the 200 (of course). A positive cross is likely to occur in about a week or so, assuming we don't sell down. That could trigger some volatility, but we'll see what happens when we get there.

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Breadth is still bullish, of course.

I remain bullish.
 
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