The wall of worry is alive and well, isn't it? Stocks continued their climb today, slowly recapturing ground from lows hit March.
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Price has been above the 200 dma on the S&P for several days now. I would call that average potential support at this point. Price on the DWCPF closed at a fresh high above that same average. Momentum is bullish and rising. We aren't off to the races, but as long as the trend remains bullish, it isn't really a problem.
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Breadth is looking rather vertical and confirms strength underpinning the rally.
I remain bullish.
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Or you can now use TapaTalk again!Breadth is Going Vertical - Posted by Coolhand
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