Bulls Continue to Pour it On - Posted by Coolhand

The market picked up this week where it left off last week, with more gains.

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Price is moving swiftly to the upside as the 200 dma fades into the distance on both charts. Volume remains heavy and momentum continued to build steam to the upside.

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It's not often we see such a dramatic move in breadth on the NYSE. This chart says it all and it remains seriously bullish.

While a pullback could come at any time, it isn't wise to step in front of a moving train (that's picking up steam).

I remain bullish.
 
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